ACCOUNTING INFORMATION SYSTEMS 1ST QUIZ CHAPTER 1- INTRODUCTION TO ACCOUNTING INFORMATION SYSTEMS Name: _______________________________ BSA IV-1 Prof.

Lilian M. Litonjua Direction: Provide the correct answer to the question in each number. 1.) It is a man-made system consisting of the people, authority, organization, policies, and procedures whose objective is to plan and control the operations of the organizations. 2.) These typically include production, personnel, marketing and sales, accounting, finance, warehousing and distribution. 3.) Write Glenda if True and Shiela if False. There are four logical components of a business process. 4.) It mirrors and monitors actions in the operations system by processing, recording, and reporting business events. 5.) Write Glenda if True and Shiela if False. Operations-related process and accountingrelated process are integrated. 6.) The ___________ sends a request to the warehouse to ship goods to the customer. 7.) True or False. The second major function of management process is to support managerial activities, including management decision making. 8.) True or False. Normal operations begin with the IS receiving a customers order to purchase goods. 9.) ___________ integrate the business process and information from all of an organizations functional areas, such as marketing and sales, cash receipts, purchasing, cash disbursements, human resources, production and logistics, and business reporting.

10.) __________ are software packages that can be used for the core systems necessary to support enterprise systems. 11.) It is the application of electronic networks to undertake business processes between individuals and organizations.

12.) _________ is a process effected by an entitys board of directors, management, and other personnel designed to provide reasonable assurance regarding achieving objectives. 13.) __________ has dramatically changed the daily work of financial accountants, auditors, and many others as well. 14.) _________ has meant changes for both auditors and the companies that they audit. 15.) It is a data presented in a form that is useful in a decision-making activity. 16.) _________ represent the measurements or observations of objects and events. 17.) It is information that is useful for the decision to be made. 18.) __________ enables users to perceive the informations significance. 19.) Lack of _________ can make information irrelevant. 20.) __________ is the correspondence or agreement between the information and the actual events or objects that the information represents. 21.) __________ is the degree to which information includes data about every relevant objects or events that we intended to use. 22-23.) Give 2 users of information process. 24-25.) ___________ and ____________ improve a decisions makers capacity to predict, confirm, or correct earlier expectation. 26-30.) Give atleast five(5) of the 2008 Top Technology Initiatives.

31.)_____________________________ is the information systems that process business events and provide information for management decision making must be designed, implemented, and effectively operated. 32.) True or False. The AIS facilitate these operational functions and supports management decision making by providing information that managers can use to plan and control the activities of the firm. 33.) Write S if True and G if False. INFORMATION SYSTEM (MGT INFORMATION SYSTEM is a man-made system that generally consists of an integrated set of a computer based components and manual components established to collect, store, and manage data to provide output information to user. 34-44.) Enumerate the ten (10) elements in the study of accounting information System

45.) ______________________is a structure of relationships and processes to direct and control the enterprise in order to achieve the enterprises goal by adding value, while still balancing risk versus return over IT and its process. 46.) These separate IS components and their related business processes are often referred to as _____________ to emphasize that they are separated and may not communicate with each other. 47.) Write S if True and G if False. Other typical IS components include Personnel, production, finance, and marketing. 48.) Write Shiela if True and Glenda if False . SUBSYSTEM- is a set of interdependent elements that together accomplish specific objectives. 49-50.)Bonus question. If answered correctly plus 1.