A Primary Objective of an accounting information system (AIS) is: Select one: a. To control the organization so the organization can achieve its objectives b. None of the above c. To help organisation finalising the job descriptions of different staff members d. To help organisations to protect their intellectual property.

A Primary Objective of an accounting information system (AIS) is: Select one: a. To control the organization so the organization can achieve its objectives b. None of the above c. To help organisation finalising the job descriptions of different staff members d. To help organisations to protect their intellectual property.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter7: Accounting Information Systems

Section: Chapter Questions

Problem 28MC: Big data is mined ________. A. to find business trends B. to record transactions C. as an...

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Which of the following statements is incorrect? The practice of management accounting is fairly flexible. The information gathered from management accounting is not required by law. Management accounting focuses mainly on the internal user. Reports produced using management accounting must follow GAAP.
Which of the following is false about accounting information systems? A. They provide reports that people analyze. B. They prevent errors and stop employees from stealing inventory. C. They are designed to gather data about the companys transactions. D. They consist of processes that involve input of data from source documents, processing, output, and storage.
Please give answers with own answer on accounting information system 1. Distinguish the roles of internal and external auditors in AIS 2. Distinguish between the centralized and distributed approaches to organizing the IT function.
1.Discuss the difference between internal and external users of information and their needs and demands on the information system. 2.Comment on the level of detail necessary for operations management, middle management and stakeholders. 3.Examine the General Model for AIS Table 1-4, discuss where and how problems will arise that can cause the resulting information to be bad or ineffective. 4.Why is it important to organizationally separate the accounting function from the other functions of the organization? 5.Contrast centralized data processing with distributed data processing. How do the roles of the different end users differs between the two approach
Users who do not directly run the organization and have limited access to accounting information are called (internal/external) what type of users.
2. Documentation is required in helping varying degrees of user sophistication in using the information systems. Describe the example of instructions from an accounting software's user handbook in an organisation.
The following is a purpose of business process documentation: 1. Facilitating process improvement True False 2. Specifying accountability True False 3. Training True False 4. Supporting internal audit True False
Which of the following statements about an accounting information system (AIS) is incorrect ?(CPA adapted) a. The information produced by AIS is made available to all levels of management for use in planning andcontrolling an organization’s activities.b. An AIS is best suited to solve problems where there is great uncertainty and ill-defined reportingrequirements.c. An AIS supports day-to-day operations by collecting and storing data about an organization’s transactions d.An AIS provides adequate controls to safeguard the assets, to ensure that the assets and data areavailable when needed, and to ensure that data/information is accurate and reliable
Which is preferable: implementing a manual accounting information system or implementing a computerised accounting information system? What is the procedure for setting up the system?
Which of the following is an example of an input control?a. making sure that output is distributed to the proper peopleb. monitoring the work of programmersc. collecting accurate statistics of historical transactions while gathering datad. recalculating an amount to ensure its accuracye. having another person review the design of a business form
Which of the following statements is the best definition of an accounting information system? A. A framework that uses computers to produces financial statements B. A framework that coordinates resources (components) needed to convert information into data in order to achieve objectives C. The management information system that generates various reports for management decisions D. A framework that coordinates resources (components) needed to convert data into information for decision making
Human Resources Accounting is a tool of management accounting a. True O b, False