ACC 340 Accounting Information Systems: Final Exam Review and Key Concepts
A review of key concepts in accounting information systems, preparing for the final exam.
Chloe Martinez
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ACC 340 Accounting Information Systems: Final Exam Review and KeyConceptsACC 340 FinalExam1.)Which of the following is true?An AIS must be computerized to be usefulAn AIS always produces useful informationAn AIS always producesfinancial informationnone of these2.)Which of the following is true about the terms “data” and “information” within thecontext of Chapter 1?The terms are exactly the sameThe terms are always exact oppositesSome “data” can also be “information”none of these3.)Most AISs perform all of these functionsexcept:Collect raw accounting dataStore accounting data for future usesProcess data into useful informationAISs perform all of these functions4.)Which of the following is one of the five interacting components of an accountinginformation system?Fuzzy logicTestingCertificationProcedures
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