Results Reporter

Out of 10 questions, you answered 9 correctly with a final grade of 90%
9 correct
(50%)
1 incorrect
(10%)
0
unanswered
(0%)

Your Results:
The correct answer for each question is indicated by a
Online Quiz

no

Accounting Inform

.

1

4955919

1

0078025494
1

1
INCORRECT

4

Accounting information systems are:

A)

Always computerized.

An information system that collects financial reporting information for
B)decision making and control.
An information system that records, processes and reports on transactions to
provide financial and non-financial information for decision making and
C)
control.
An information system that collects and disburses financial and non-financial
D)information for decision making and control.
Feedback: An accounting information system records, processes and reports
both financial and non-financial information.

2 CORRECT
Which of the following is a characteristic of relevant information?

A)

Predictive value.

The number of U. Feedback: The characteristics of relevant information include predictive value.S. The number of U. Verifiable.S. flags that are sold on July 4. Feedback: A U. 3 CORRECT Which of the following are considered to be discretionary information produced by accounting information systems? A) B) C) D) U. 4 CORRECT Support activities in the value chain include all but the following: A) B) C) Firm Infrastructure Technology Procurement Marketing and Sales D) . reporting on banking capital and 10-K regulatory filings are all examples of mandatory information. 10-K regulatory filing to the Securities and Exchange Commission. Tax Return. Bank capital submission to the State Banking Commission. tax return. feedback value and timeliness.S.S. Easy to understand.B) C) D) Neutrality. flags sold on July 4 is discretionary information.

5 CORRECT What designation would most appropriate for those CPAs possessing IS audit. control and security skills? A) B) C) D) Certified Information Systems Auditors (CISA) Certified Accounting Information System Auditor (CAISA) Certified Internal Auditor (CIA) Certified Information Technology Professional (CITP) Feedback: The CITP designation identifies accountants (CPAs) with a broad range of technology knowledge and experience. 7 CORRECT Primary Activities in the value chain include: Firm Infrastructure .Feedback: Support activities in the value chain include firm infrastructure. Applies only to service firms. information. Marketing and sales is a primary activity in the value chain. Is similar in function and purpose to the value chain. and services from raw materials suppliers. Feedback: A supply chain is defined as the flow of materials. 6 CORRECT A supply chain: A) B) C) D) Supplies only chain saws. technology and procurement. all the way to the final customers of the firm's products. human resource management. payments. Is the flow of materials from supplier to customer. through factories and warehouses.

General and Administrative Expenses Income Taxes Feedback: Enterprise systems make the whole organization more efficient. 8 CORRECT The income statement account most likely affected by an AIS investment in enterprise systems would be: A) B) C) D) Revenues Cost of Goods Sold Selling. the IT strategic role that has the least impact on shareholder value is: A) B) Informate Digitize Automate . That efficiency will most likely show up in the SG&A accounts. 9 CORRECT According to a recent study. operations. outbound logistics. marketing and sales activities and service activities.A) B) C) D) Service Activities Human Resource Management Procurement Feedback: Primary activities in the value chain include inbound logistics.

research paper.C) D) Transform Feedback: According to the Dehning. current and prospective customers. customer relationship management software is intended to increase revenues. General and Administrative Expenses Income Taxes Feedback: Customer relationship management deals with former. 10 CORRECT The income statement account most likely affected by an AIS investment in customer relationship management would be: A) B) C) D) Revenues Cost of Goods Sold Selling. Transform has the highest impact. the automate IT strategic role on average. . has the least impact on shareholder value. As such. et al.