In which stage of Steps for Better Thinking should a decision maker interpret and
organize information?
A. Identifying
B. Exploring
C. Prioritizing
D. Envisioning
SSAE 16 includes three broad types of SOC Reports. SOC 1 reports on:
A. ERP systems.
B. the COSO framework.
C. controls over security, availability, processing integrity, confidentiality or privacy.
D. controls relevant to user entities internal control over financial reporting.
An airline pilot could not get landing instructions at an airport because the air traffic
controller was asleep. In a risk/control matrix related to that situation, the phrase
“require annual physicals” is most likely to appear in which column?
A. First
B. Third
C. Fourth
D. Fifth
Which of the following statements about AIS is most true?
A. The topics studied in an AIS course are unrelated to those in other accounting
courses.
B. AIS is the only area of accounting that involves questions with nondeterministic
answers.
C. The five generic elements of an AIS can be discussed in other areas of accounting.
D. All of these statements are true.
Which of the following formulas explains motivation using expectancy theory?
A. Energy X Valence X Instrumentality
B. Expectancy + Valence + Instrumentality
C. Expectancy X Valence + Instrumentality
D. Expectancy X Valence X Instrumentality
STC Corporation’s enterprise resource planning system contains a cash payments table,
a cash receipts table and a cash table. Foreign keys in the cash payments table would
include: (i) vendor ID, (ii) account number, (iii) cash payment date.
A. I and II only
B. I and III only
C. II and III only
D. I, II and III
One step in developing a knowledge management system is to create a visual map that
describes units of knowledge and the relationships between them. In creating a
knowledge management system focused on internal control, such a map might include
which of the following?
A. COSO framework
B. COBIT framework
C. Both COSO framework and COBIT framework
D. Neither COSO framework nor COBIT framework
Consider the following REA model as you answer the question:
The “employee” table is likely to include which of the following fields? (i) department,
(ii) gender.
A. I only
B. II only
C. Both I and II
D. Neither I nor II
Which of the following best fits the definition of an accounting information system
explained in the text?
A. A checkbook register
B. A publicly-traded corporation’s financial statements
C. Processed source documents leading to the general purpose financial statements
D. An Excel spreadsheet of financial statement ratios
An airline pilot could not get landing instructions at an airport because the air traffic
controller was asleep. In a risk/control matrix related to that situation, which of the
following items is most likely to appear in the second column?
A. Human error
B. Preventive
C. Require annual physicals
D. Work with a partner
Which of the following is most reflective of utilitarianism?
A. In making ethical decisions, Annie strives to be true to her basic ethical nature.
B. Jeff inflated his division’s sales to get a bigger bonus for himself.
C. Michelle reported fraud she had discovered because she believes that lying is always
wrong.
D. Shan agreed to coach as many CPA exam candidates as possible, in spite of his busy
schedule.
E-business offers many potential benefits for a company’s marketing efforts. Those
benefits include:
A. Selling to a more diverse group of customers.
B. Allowing a business to focus its marketing efforts.
C. Both selling to a more diverse group of customers and allowing a business to focus
its marketing efforts.
D. Neither selling to a more diverse group of customers nor allowing a business to
focus its marketing efforts.
Consider the following flowchart symbols as necessary as you respond to the remaining
questions in this chapter:
Which of the following symbols should always appear in a pair on the same page of a
systems flowchart?
A. Symbol B
B. Symbol C
C. Symbol D
D. Symbol H
Most accounting information systems comprise five parts. Which of the following must
be used as a processing tool in the AIS?
A. Spreadsheets
B. Relational databases
C. Both spreadsheets and relational databases
D. Neither spreadsheets nor relational databases