AIS Quiz 1 (Chapter One and Chapter Two)

Which of the following is not a factor involved in communicating useful information? a) Process by which the information is analyzed b) Attributes of the users c) Purpose for which the information will be used d) All of the other answers are factors.

Which of the following is NOT a characteristic of effective information? a. relevance b. accuracy c. summarization d. precision

Please explain clearly

Match each of the components of faithful representation with its definition.Faithful Representation                             Definition1 . Freedom from error      a. All information necessary to describe an item is                                                  reported. 2. Neutrality                       b. Information that does not bias the decision                                                         maker. 3. Completeness                c. Reported amounts reflect the best available                                                        information.

Communication is the process of Select one: a. writing messages. b. transferring information ahd meaning. C. none of the above. d. listening actively.

1.) Which of the following is true?a) An AIS must be computerized to be usefulb) An AIS always produces useful informationc) An AIS always produces financial informationd) none of these 2.) Which of the following is true about the terms “data”and “information” within the context of Chapter 1?a) The terms are exactly the sameb) The terms are always exact oppositesc) Some “data” can also be “information”d) none of these 3.) Most AISs perform all of these functions except:a) Collect raw accounting datab) Store accounting data for future usesc) Process data into useful informationd) AISs perform all of these functions 4.) Which of the following is one of the five interactingcomponents of an accounting information system?a) Fuzzy logicb) Testingc) Certificationd) Procedurese) Internet 5.) A computer network spanning regional, national, orglobal areas best describes which of the following?a) LANb) WANc) ESPNd) DSLe) ISDN 6.). Documentation includes:a) All flowcharts,…

Comparability, understandability, timeliness, and verifiability are enhancing qualitative characteristics that contribute to:    Relevance Faithful Representation a. Yes No b. No No c. No Yes d. Yes Yes

What do we call it when one party has more information than the other party does in a transaction? O A. Incomplete information OB. Asymmetric information OC. Intermediation OD. Adverse transfer of knowledge

20-An information is relevant if it has the ability to. a. Give historical data b. Be uncertain c. Of not comparing the entity d. Change the decision of the user

Match each of the numbered descriptions with the principle, component, or descriptor that it best reflects. Indicate your answer by entering the letter A through J in the blank provided. A. Control principle B. Relevance principle C. Compatibility principle D. Flexibility principle E. Cost-benefit principle F. Source documents G. Input devices H. Information processors I. Information storage J. Output devices 1. Capture information from source documents and transfer to information processing. 2. Keeps data accessible to information processors. 3. Systems that summarize information for use. 4. Means to take information out of an accounting system and make it available to users. 5. Provide the information processed by the accounting system. 6. Prescribes that benefits from an activity in a system outweigh the costs. 7. Prescribes that a system be adaptable to changes in the company, environment, and user needs. 8. Prescribes that a system conform with a company’s activities, personnel,…

What do we call it when one party has more information than the other party does in a transaction? O A. Incomplete information O B. Asymmetric information O C. Intermediation O D. Adverse transfer of knowledge

Answer..

Which is affected by measurement inconsistency and measurement uncertainty?

Knowledge Audit looks only in to the strengths of knowledge management Select one: O True O False

Please answer with reason for all why the option is correct and why the other options are incorrectPlease answer correct otherwise skip it   Data from different sources linked together to find the intrinsic value hidden beneath is which phase of the data life cycle? A.TransformB.CaptureC.UtilizeD.Translate

Dont copy from chegg

1.What are fundamental tasks of data base managment ? 2. What are fundamental objectives of all information system? 3. What are the characteristics of qualified information explain them?

Reliability means that data are reasonably complete and accurate. Accuracy refers to the extent that recorded data reflect the actual underlying information. In this regard which of the following is the suitable example of reliability of the data? O a. Information may be more reliable when it is obtained from dependent sources outside the entity O b. Information may be more reliable when it is obtained from independent sources outside the entity O c Information may be more reliable when it is obtained from the management of the entity O d. Information may be more reliable when it is obtained from engagement team members

Database entities a. may contain zero or many occurrences. b. are represented as verbs in an ER diagram. c. may represent both physical assets and intangible phenomena. d. are often defined by common attributes that also define other entities. e. are unique to a specific user view.

Direction: Write T if the statement is correct and F if the statement is incorrect. On the space provided, explain using the concepts discussed why your answer to a statement is T or F.

Explains the difference if we prioritize Information Systems (A) first.

Sh7 Please help me  Solution