Accounting > TEST BANK > Test Bank For Accounting Information Systems 10e James A. Hall (All)

Test Bank For Accounting Information Systems 10e James A. Hall

Document Content and Description Below

Test Bank For Accounting Information Systems 10e James A. Hall-1. Information is a business resource. *a. True b. False 2. IT outsourcing is location-independent computing. a. True *b. False 3. ... Transaction processing systems convert non-financial transactions into financial transactions. a. True *b. False 4. Information lacking reliability may still have value. a. True *b. False 5. A balance sheet prepared in conformity with GAAP is an example of discretionary reporting. a. True *b. False 6. The management reporting system provides the internal financial information needed to manage a business. *a. True b. False 7. Most of the inputs to the general ledger system come from the financial reporting system. a. True *b. False 8. When preparing discretionary reports, organizations can choose what information to report and how to present it. *a. True b. False 9. Retrieval is the task of permanently removing obsolete or redundant records from the database. a. True *b. False 10. Systems development represents 80 to 90 percent of the total cost of a computer system. a. True *b. False 11. The database administrator is responsible for the security and integrity of the database. *a. True b. False 12. Custom software is developed and maintained by enterprise resource planners. a. True *b. False 13. The internal auditor represents the interests of third-party outsiders. a. True *b. False 14. Information technology (IT) audits can be performed by both internal and external auditors. *a. True b. False 15. Custom software is the most affordable systems development option. a. True *b. False 16. A database is a collection of interconnected computers and communications devices that allows users to communicate, access data and applications, and share information and resources. a. True *b. Fals [Show More]

Last updated: 7 months ago

Preview 5 out of 336 pages

Buy Now

Instant download

We Accept: