69 Free Test Bank for Accounting Information Systems 13th Edition by Romney

It is truth that what you do what you get, clearly, if you do not prepare for your next exam before sitting it that you will have the empty in your mind and fail that is sure. Let’s start prepare your knowledge and skills for your exam and career at test bank, we can’t 100% sure that all you will take part in our site but you will be surly surprised with your result if you practice always everyday. In this article, we offer 69 Free Test Bank for Accounting Information Systems 13th Edition by Romney multiple choice questionsbelow to help practice easier and focus on all background included in this textbook. After completing this practice, you can get understanding through many free online textbook accounting information systems test bank samples and check your practical result by clicking in the button below. Take it to lighten your carry whether during accounting course and don’t forget to leave your comment to let us know what your problem is.

Please visit the link below to get full questions and answers:

https://testbank123.com/free-test-bank-for-accounting-information-systems-13th-edition-by-romney.html

What is a key decision that needs to be made with regards to selling merchandise?

•  A) which credit cards to accept
•  B) which employees to hire
•  C) which public accounting firm to employ
•  D) how much capital to acquire

Information is best described as

•  A) raw facts about transactions.
•  B) data that has been organized and processed so that it is meaningful to the user.
•  C) facts that are useful when processed in a timely manner.
•  D) the same thing as data.

Identify the piece of information below that is typically needed to acquire a building.

•  A) job descriptions
•  B) vendor performance
•  C) market coverage
•  D) capacity needs

An accounting information system (AIS) processes ________ to provide users with ________.

•  A) data; information
•  B) data; transactions
•  C) information; data
•  D) data; benefits

Which of the following is not one of the three basic types of data about a specific sales transaction that should be captured by an Accounting Information System?

•  A) name of the employee who completed the sale
•  B) daily sales quota
•  C) product sold
•  D) date

Identify the piece of information below that is typically needed to acquire inventory.

•  A) job descriptions
•  B) vendor performance
•  C) market coverage
•  D) capacity needs

Who of the following is not a stakeholder with whom an accounting information system typically communicates directly?

•  A) Wall Street industry analyst
•  B) venture capitalist
•  C) company that supplies raw materials
•  D) company that purchases finished goods for resale to consumers

How can query languages be used to help make better decisions?

•  A) They can suggest a course of action.
•  B) They can gather relevant data for decision making.
•  C) They can help the decision maker to interpret results.
•  D) They can model choose among alternative courses of action.

In which transaction cycle would customer sales transaction information be most likely to pass between internal and external accounting information systems?

•  A) the revenue cycle
•  B) the expenditure cycle
•  C) the human resources / payroll cycle
•  D) the financing cycle

One group that relies on both the adequate collection and transformation of data for decision-making purposes for an organization is

•  A) management.
•  B) interested outsiders.
•  C) competitors.
•  D) the government.

Which of the following statements below shows the contrast between data and information?

•  A) Data is the output of an AIS.
•  B) Information is the primary output of an AIS.
•  C) Data is more useful in decision making than information.
•  D) Data and information are the same.

Identify the party below that is not external to the firm.

•  A) customer
•  B) vendor
•  C) government agencies
•  D) CEO

Information that does not omit important aspects of the underlying events or activities that it measures is

•  A) complete.
•  B) accessible.
•  C) relevant.
•  D) timely.

In which transaction cycle would information for paying interest be most likely to pass between internal and external accounting information systems?

•  A) the revenue cycle
•  B) the expenditure cycle
•  C) the human resources / payroll cycle
•  D) the financing cycle

The value of information can best be determined by

•  A) its usefulness to decision makers.
•  B) its relevance to decision makers.
•  C) the benefits associated with obtaining the information minus the cost of producing it.
•  D) the extent to which it optimizes the value chain.

Before a firm can identify the information needed to effectively manage a process, the firm must

•  A) understand the process .
•  B) hire programmers.
•  C) purchase computers and/or workstations.
•  D) obtain internet access.

What is a key decision that needs to be made with regards to acquiring inventory?

•  A) which credit cards to accept
•  B) which employees to hire
•  C) which vendors to use
•  D) how much capital to acquire

Message left on voicemail: "Hi Nikki! Just landed at the airport. How about dinner this evening if you're available. Call me!" Which of the following characteristics of useful information is absent in the situation described above?

•  A) relevant
•  B) reliable
•  C) complete
•  D) timely
•  E) understandable
•  F) verifiable
•  G) accessible