Education > TEST BANK > Test Bank For Accounting Information Systems, 11E George H. Bodnar William S. Hopwood (All)
Test Bank For Accounting Information Systems, 11E George H. Bodnar William S. Hopwood
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1) A system is a collection of related resources designed to help a company achieve specified objectives. Answer: TRUE Diff: 1 Learning Obj.: 1 2) Accounting information systems are designed to ... gather and utilize information which may cost more to provide than it is worth to the user. Answer: FALSE Diff: 2 Learning Obj.: 1 3) The basic goal of accounting information systems is to convert financial data into information. Answer: TRUE Diff: 1 Learning Obj.: 1 4) Quick-response systems are essential to the total quality performance movement in business. Answer: TRUE Diff: 1 Learning Obj.: 4 5) All data processed and information stored in an accounting information system are mandatory for financial reporting purposes. [Show More]
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