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AIS IT Study Exam with Up-to-date
Answers. ch 1
According to a recent study, the transform IT strategic role is defined as systems that:
a. Replace human labor in automating business processes.
b. Provide information about business activities to all employees.
c. Provide information about business activities to senior management.
d. Fundamentally redefine business processes and relationships. -
Correct Ans: โ
d
. According to a recent study, the informate-up IT strategic role is defined as systems that:
a. Replace human labor in automating business processes.
b. Provide information about business activities to all employees.
c. Provide information about business activities to senior management.
d. Fundamentally redefine business processes and relationships. -
Correct Ans: โ
c
. The income statement account most likely affected by an AIS investment in customer relationship management (CRM) would be:
a. Revenues.
b. Cost of Goods Sold.
c. Selling, General and Administrative Expenses.
d. Unearned Revenue. - Correct Ans: โ
a
Many hospitals and doctor's offices are beginning to digitize the medical records of their patients. This is an example of the ____________ strategic role.
a. Automate
b. Informate - up
c. Transform
d. Informate - down - Correct Ans: โ
a
. EBay uses information technology to sell goods on the internet. This would be an example of the ___________ strategic role.
a. Automate
b. Informate - up
c. Transform
d. Informate - down - Correct Ans: โ
c
. The Information Value Chain is defined as:
a. The flow of materials, information, payments, and services.
b. The use of computer technology to provide information about business activities to employees across the firm.
c. The overall transformation of data from a business need to the ultimate decision.
d. A centralized database that collects data from throughout the
firm. - Correct Ans: โ
c
. The role of accountants in accounting information systems include all except:
a. User.
b. Manager.
c. Operator.
d. Evaluator. - Correct Ans: โ
c
. A simple information system includes all but the following elements except:
a. Processing.
b. Storage.
c. Input.
d. Reporting. - Correct Ans: โ
d
. Activity-based costing is an example of:
a. Information overload.
b. Mandatory information.
c. Discretionary information.
d. Enterprise System. - Correct Ans: โ
c
. An example of an AIS that primarily addresses internal business processes includes:
a. Supply chain software.
b. Customer relationship management software.
c. B2B transaction software.
d. Enterprise systems. - Correct Ans: โ
d
Bob's manager complains that Bob suffers from "Analysis Paralysis;" that is, he spends too much time reviewing endless reports and is reluctant to make decisions. Bob most likely suffers from ____________.
a. Data gridlock.
b. Discretionary information.
c. Information overload.
d. Data redundancy. - Correct Ans: โ
g
Which of the following systems would a company be most likely to employ for the primary purpose of generating additional sales revenue?
a. MDBMS.
b. CRM.
c. SCM.
d. OCR. - Correct Ans: โ
b
The primary transformation of data into information takes place in which of the following activities?
a. Input.
b. Storage.
c. Processing.
Preventing external business partners from accessing the
organization's data. - Correct Ans: โ
a
One common way of measuring the effectiveness of the Supply Chain is through the fill rate. Which of the following best describes the fill rate?
a. The percentage, in monetary value, of a supplier's order which is actually delivered to the organization.
b. The number of items per hour that receiving employees can move from the receiving dock to the warehouse.
c. The rate at which the stock in warehouse storage bins increases.
The average amount of time it takes for the organization to fulfill
customers' orders - Correct Ans: โ
a
Investors reward companies most that announce IT initiatives with which type of strategic role?
a. Automate.
b. Informate - up.
c. Transform.
d. Informate - down. - Correct Ans: โ
c
A dental practice implemented an upgrade to its AIS that provides the dentists with daily and weekly patient and financial summaries. The practice's upgrade is an example of which IT strategic role?
a. Automate.
b. Informate - up.
c. Transform
d. Informate - down. - Correct Ans: โ
b
Which of the following most accurately describes IFAC's description of accounting and IT?
a. IT is an important peripheral discipline to accounting.
b. Accounting and IT are indistinguishable from one another.
c. It is difficult to conceive of accounting independent from IT.
d. Accounting is an important peripheral discipline to IT. - Correct
Ans: โ
c
look at #60 - Correct Ans: โ
The Sarbanes-Oxley Act of 2002 requires that a company's attest auditors be able to perform which of the following activities?
a. Evaluate the internal controls in an AIS.
b. Assess the value of a company's IT assets.
c. Take over the company's AIS if necessary.
d. Design and implement the controls used in the AIS. - Correct Ans:
โ
a
Consider the non-profit organization Doctors without Borders (Mรฉdecins Sans Frontiรจres), a Nobel Peace Prize winning organization that provides medical services in war zones and developing countries. For this type of organization, which of the following would likely be the best measure of business value?
d. Are for computer games. - Correct Ans: โ
c
Which of the following is not a characteristic of useful information?
a. Easy to understand
b. Feedback value
c. Timeliness
d. Representational Faithfulness - Correct Ans: โ
a
Which of the following are considered to be mandatory information required by a regulatory body?
a. Financial reports for the Securities and Exchange Commission
b. The amount of taxes saved by a merger
c. The total dollar value of fireworks that are sold on July 4
d. The cost to build an all-new Starbucks restaurant in Abu Dhabi -
Correct Ans: โ
a
The correct order of effects in the value chain are:
a. Inbound Logistics Operations Service
b. Inbound Logistics Outbound Logistics Marketing & Sales
c. Inbound Logistics Operations Outbound Logistics
d. Inbound Logistics Operations Service - Correct Ans: โ
c
Which designation would be most appropriate for those professionals possessing IT audit, control and security skills?
a. Certified Internal Auditor (CIA)
b. Certified Public Accountant (CPA)
c. Certified Information Technology Professional (CITP)
d. Certified Information Systems Auditors (CISA) - Correct Ans: โ
d
Which designation is for CPAs with a broad range of technology knowledge and experience?
a. Certified Internal Auditor (CIA)
b. Certified Public Accountant (CPA)
c. Certified Information Technology Professional (CITP)
d. Certified Information Systems Auditors (CISA) - Correct Ans: โ
c
. A supply chain:
a. Refers to the supplies needed to build products.
b. Refers to the flow of materials, information, payments and services.
c. Is similar in function and purpose to the value chain.
Does not apply to a service firm like an accounting firm - Correct
Ans: โ
b
. A supply chain system does not include information about:
a. Current customers.
b. Prospective customers.
c. Availability of inventory.
