Quiz
Chapter 1 - AIS
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Questions in this quiz (14)
1Which of the following is NOT true about AIS
- Aall AIS are computerized
- Bais may report both financial and non financial info
- Cais in addition to collecting and distributing large amounts of data and information also organize and store data for future uses
- Da student who has an interest in both accounting and IT will find many job opportunities that combine these knowledge and skills areas.
2Which of the following is liekly to be information rather than data?
- Asales price
- Bcustomer number
- Cnet profit
- Demployee name
3With respect to computerized AIS, computers:
- Aturn data into information in all cases
- Bmake audit trails easier to follow
- Ccannot catch mistakes as well as humans
- Ddo not general process information more quickly than humans
4a dashboard is
- Aa computer screen used by data entry clerks for input tasks
- Ba physical device dedicated to AIS processing tasks
- Ca summary screen typically used by managers
- Da type of blackboard used by managers to present useful information to others
5the Sarbanes-Oxley Act of 2002:
- Aenables US officers to wiretap corporate phones if required
- Bhas led to decrease in the amount of work done by auditors and accountants
- Cforbids corporations from making personal loads to executives
- Drequires the chief executive officer of a public company to take responsibility for the reliability of its financial statements.
6The acronym SAR stands for
- Asimple accounting receipts
- Bsuspicious accounting revenue
- Csuspicious activity reporting
- Dstandard accounts receivable
7Which of the following is NOT true regarding assurance services?
- Aauditors of public companies are no longer allowed to provide assurance services to any public company as a result of the Sarbanes-Oxley Act of 2002
- Bassurance services include online privacy evaluations
- Cactivity-based costing is not a type of assurance service
- Donly CPA's can provide assurance services to clients.
8Assigning overhead costs based on the resources, rather than only direct labor, used in manfuacturing is an example of
- Aactivity based costing
- Bbudgeting
- Ccost plus accounting
- Dfinancial rather than managerial accounting
9Which of these Acronyms represents a law involving health assurance and privacy?
- AABC
- BHIPAA
- CCPA
- DSOX
- EXBRL
10Which of these acronyms stands for a computer language used for reporting business activities?
- AABC
- BHIPAA
- CCPA
- DSOX
- EXBRL
11Which of these acronyms is a certification for information professionals?
- AABC
- BHIPAA
- CCBA
- DCITP
- EXBRL
12Which of the following describes the cloud computing?
- Abusiness applications over the internet
- Bit is a subset of e-business
- Cthe ability of a company to exchange data with its subsidiaries
- Dnone of the above
13How would you describe big data?
- Acloud computing can be used to support data analytics projects
- Ba combination of large, complex data sets
- Cthe definition depends on the capabilities of the organization that manages the data
- Dall of the above.
14A forensic accountant is one who:
- Ahas a variety of skills, such as investigation, accounting, and auditing
- Bcan find and collect pieces of information that provide evidence of criminal activity
- Cmight be certified
- Dall of the above
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- Quiz on Chapter 1 - AIS, created by Andrew Knifer on 04/10/2016.
- Author
- Andrew Knifer
- Language
- English
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