1.) Which of the following is true?a) An AIS must be computerized to be usefulb) An AIS always produces useful informationc) An AIS always produces financial informationd) none of these 2.) Which of the following is true about the terms “dataâ€and “information†within the context of Chapter 1?a) The terms are exactly the sameb) The terms are always exact oppositesc) Some “data†can also be “informationâ€d) none of these 3.) Most AISs perform all of these functions except:a) Collect raw accounting datab) Store accounting data for future usesc) Process data into useful informationd) AISs perform all of these functions 4.) Which of the following is one of the five interactingcomponents of an accounting information system?a) Fuzzy logicb) Testingc) Certificationd) Procedurese) Internet 5.) A computer network spanning regional, national, orglobal areas best describes which of the following?a) LANb) WANc) ESPNd) DSLe) ISDN 6.). Documentation includes:a) All flowcharts, narratives, and other writtencommunications associated with the information systemb) All written communications associated with an accountinginformation system except flowcharts and data flow diagramsc) All flowcharts, narratives, and other writtencommunications associated with an accounting information system, except forprogram flowcharts, decision tables, and pseudocoded) Flowcharts and data flow diagrams only 7.) A system flowchart is a block diagram that:a) Is used only by auditorsb) Is used primarily when document flowcharts cannot be usedc) Depicts the flow of computer systems in an organizationd) Depicts the flow of data through a computerizedaccounting information system 8.) The financial accounting cycle ends with:a) The production of financial statementsb) Closing journal entriesc) The production of an adjusted trial balanced) Development of cash forecasts 9.). Which of the following is not usually a designconsideration in coding systems?a) Consistencyb) Standardizationc) Government regulationd.) Plans for future expansion 10.) The primary objective of a manufacturing organization’sproduction process is to:a) Maintain inventories at a zero levelb) Convert raw materials into finished goods as efficientlyas possiblec) Make sure that there are no product defectsd) Maintain the documentation and report on anorganization’s manufacturing process 11.) Which of the following is not a concern of thefinancing process?a) Effective cash managementb) Optimizing an organization’s cost of capitalc) Minimizing an organization’s borrowingsd) Projecting cash flows 12.) Business process reengineering efforts sometimes failbecause:a) Management gets too involved in the processb) Management is too optimistic regarding its expectationsfrom its implementationc) Management support can never overcome employee resistanced) Employees will never accept change 13.) Resource Management Process includes which of thefollowing?a) Human resource management and fixed asset managementb) Human resource management, inventory management, andfixed asset managementc) Human resource management onlyd) Personnel management, payroll management, and fixed assetmanagement 14.) All of these are reasons why we think that computercrime is rising except:a) Some Internet web sites now instruct users how to performcertain types of computer abuseb) More people now know how to use computersc) Computer usage continues to growd) all of these are reasons 15.) Thwarting computer abuse can be enhanced by all of thefollowing except:a) Enlisting top-management supportb) Increasing employee awarenessc) Allowing only 10% of employees access to computersd) Identifying computer criminals 16.) Three objectives of a companys internal control systemshould be safeguarding assets, checking the accuracy and reliability ofaccounting data, and promoting operational efficiency. A fourth objective of acompanys internal control system should be:a) Preventing embezzlement of assetsb) Encouraging adherence to prescribed managerial policiesc) Avoiding the payment of overtime to company employeesd) Revising standards for production costs on a weekly basis 17.) The control environment is a component of a companysinternal control system that:a) Influences the control awareness of a companys employeesb) Stresses the development of control procedures in acompanyc) Directly affects the accuracy and reliability of acompanys accounting datad) Can be ignored when establishing a companys internalcontrol system 18.) The principal function of an accounting system’scomputerized controls is:a) Detecting computer fraudsb) Preventing computer fraudsc) Encouraging programmer honestyd) none of the abo
1.) Which of the following is true?
a) An
b) An AIS always produces useful information
c) An AIS always produces financial information
d) none of these
2.) Which of the following is true about the terms “dataâ€
and “information†within the context of Chapter 1?
a) The terms are exactly the same
b) The terms are always exact opposites
c) Some “data†can also be “informationâ€
d) none of these
3.) Most AISs perform all of these functions except:
a) Collect raw accounting data
b) Store accounting data for future uses
c) Process data into useful information
d) AISs perform all of these functions
4.) Which of the following is one of the five interacting
components of an accounting
a) Fuzzy logic
b) Testing
c) Certification
d) Procedures
e) Internet
5.) A
global areas best describes which of the following?
a) LAN
b) WAN
c) ESPN
d) DSL
e) ISDN
6.). Documentation includes:
a) All flowcharts, narratives, and other written
communications associated with the information system
b) All written communications associated with an accounting
information system except flowcharts and data flow diagrams
c) All flowcharts, narratives, and other written
communications associated with an accounting information system, except for
program flowcharts, decision tables, and pseudocode
d) Flowcharts and data flow diagrams only
7.) A system flowchart is a block diagram that:
a) Is used only by auditors
b) Is used primarily when document flowcharts cannot be used
c) Depicts the flow of computer systems in an organization
d) Depicts the flow of data through a computerized
accounting information system
8.) The financial accounting cycle ends with:
a) The production of financial statements
b) Closing journal entries
c) The production of an adjusted trial balance
d) Development of cash forecasts
9.). Which of the following is not usually a design
consideration in coding systems?
a) Consistency
b) Standardization
c) Government regulation
d.) Plans for future expansion
10.) The primary objective of a manufacturing organization’s
production process is to:
a) Maintain inventories at a zero level
b) Convert raw materials into finished goods as efficiently
as possible
c) Make sure that there are no product defects
d) Maintain the documentation and report on an
organization’s manufacturing process
11.) Which of the following is not a concern of the
financing process?
a) Effective cash management
b) Optimizing an organization’s cost of capital
c) Minimizing an organization’s borrowings
d) Projecting cash flows
12.) Business process reengineering efforts sometimes fail
because:
a) Management gets too involved in the process
b) Management is too optimistic regarding its expectations
from its implementation
c) Management support can never overcome employee resistance
d) Employees will never accept change
13.) Resource Management Process includes which of the
following?
a) Human resource management and fixed asset management
b) Human resource management, inventory management, and
fixed asset management
c) Human resource management only
d) Personnel management, payroll management, and fixed asset
management
14.) All of these are reasons why we think that computer
crime is rising except:
a) Some Internet web sites now instruct users how to perform
certain types of computer abuse
b) More people now know how to use computers
c) Computer usage continues to grow
d) all of these are reasons
15.) Thwarting computer abuse can be enhanced by all of the
following except:
a) Enlisting top-management support
b) Increasing employee awareness
c) Allowing only 10% of employees access to computers
d) Identifying computer criminals
16.) Three objectives of a companys internal control system
should be safeguarding assets, checking the accuracy and reliability of
accounting data, and promoting operational efficiency. A fourth objective of a
companys internal control system should be:
a) Preventing embezzlement of assets
b) Encouraging adherence to prescribed managerial policies
c) Avoiding the payment of overtime to company employees
d) Revising standards for production costs on a weekly basis
17.) The control environment is a component of a companys
internal control system that:
a) Influences the control awareness of a companys employees
b) Stresses the development of control procedures in a
company
c) Directly affects the accuracy and reliability of a
companys accounting data
d) Can be ignored when establishing a companys internal
control system
18.) The principal function of an accounting system’s
computerized controls is:
a) Detecting computer frauds
b) Preventing computer frauds
c) Encouraging programmer honesty
d) none of the abo
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