Accounting Information Systems
Chapter 1 Quiz Questions
Romney and Steinbart
Chapter 1 Quiz Questions
• Data differ from
information in which
way?
• Data are output, and
information is input.
• Information is output,
and data are input.
• Data are meaningful
bits of information.
• There is no difference.
Chapter 1 Quiz Questions
• Which of the following
is NOT a characteristic
that makes information
useful?
•
•
•
•
It is reliable,
It is timely.
It is inexpensive.
It is relevant.
Chapter 1 Quiz Questions
• Which of the following
is a primary activity in
the value chain?
•
•
•
•
purchasing
post-sales service
accounting
human resource
management
Chapter 1 Quiz Questions
• Which transaction cycle
includes interactions
between an
organization and its
suppliers?
• revenue cycle
• human
resources/payroll cycle
• expenditure cycle
• general ledger and
reporting system
Chapter 1 Quiz Questions
• Which of the following
is NOT a means by
which information
improves decision
making?
• increases information
overload
• reduces uncertainty
• provides feedback
about the effectiveness
of prior decisions
• identifies situations
requiring management
action
Chapter 1 Quiz Questions
• In the value chain
concept, upgrading IT is
considered what kind of
activity?
•
•
•
•
primary activity
service activity
support activity
structured activity
Chapter 1 Quiz Questions
• In which cycle does a
company ship goods to
customers?
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•
•
•
production cycle
revenue cycle
financing cycle
expenditure cycle
Chapter 1 Quiz Questions
• Which of the following
is a function of an AIS?
• reducing the need to
identify a strategy and
strategic position
• transforming data into
useful information
• allocating organizational
resources
• automating all decision
making
Chapter 1 Quiz Questions
• A firm, its suppliers, and
its customers
collectively form which
of the following?
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•
•
•
supply chain
value chain
ERP system
AIS
Chapter 1 Quiz Questions
• A report telling how
well all approved
vendors have
performed in the prior
12 months is
information that is
MOST needed in which
business process?
•
•
•
•
paying vendors
selling merchandise
acquiring inventory
paying employees