Question 1

______________________________ is the correspondence or agreement between the information and the actual events or objects that the information represents.

Accepted Answer

The answer of ______________________________ is the correspondence or agreement between...

Question 2

______________________________ is data presented in a form that is useful in a decision-making activity.

Accepted Answer

The answer of ______________________________ is data presented in a form...

Question 3

Information that is available before it loses its capacity to influence a user's decision possesses the quality of ______________________________.

Accepted Answer

The answer of Information that is available before it loses...

Question 4

Facts or figures in raw form are referred to as ______________________________.

Accepted Answer

The answer of Facts or figures in raw form are...

Question 5

Information that is objective is said to possess ______________________________.

Accepted Answer

The answer of Information that is objective is said to...

Question 6

______________________________ is an information quality that can be expanded into validity, accuracy, and completeness..

Accepted Answer

The answer of ______________________________ is an information quality that can...

Question 7

Information that improves a decision makers ability to predict, confirm, or correct earlier expectations has the quality known as ______________ ________________.

Accepted Answer

The answer of Information that improves a decision makers ability...

Question 8

______________________________ is the degree to which information includes data about every relevant object or event necessary to make a decision and includes that information only once.

Accepted Answer

The answer of ______________________________ is the degree to which information...

Question 9

The quality of information that enables users to identify similarities and differences in two pieces of information is referred to as ______________________________.

Accepted Answer

The answer of The quality of information that enables users...

Question 10

Information that is capable of making a difference in a decision of a user is said to possess the quality of ______________________________.

Accepted Answer

The answer of Information that is capable of making a...

Question 11

A ________ is a tool designed to help you analyze a situation and relate processes to desired results.

Accepted Answer

The answer of A ________ is a tool designed to...

Question 12

Section ______________________________ of the Sarbanes-Oxley Act of 2002 requires management to identify, document and evaluate significant internal controls.

Accepted Answer

The answer of Section ______________________________ of the Sarbanes-Oxley Act of...

Question 13

Section ______________________________ of the Sarbanes-Oxley Act of 2002 requires auditors to report on about the effectiveness of the organizations' systems of internal control.

Accepted Answer

The answer of Section ______________________________ of the Sarbanes-Oxley Act of...

Question 14

The __________ of information must be evaluated in relation to the purpose to be served (decision making).

Accepted Answer

The answer of The __________ of information must be evaluated...

Question 15

The ______________ ________________ 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 organization

Accepted Answer

The answer of The ______________ ________________ is a man-made system...

Question 16

Information about actual authorized events and objects has ______________________________.

Accepted Answer

The answer of Information about actual authorized events and objects...

Question 17

Section ______________________________ of the Sarbanes-Oxley Act of 2002 requires disclosure to the public on a rapid and current basis of material changes in an organization's financial condition.

Accepted Answer

The answer of Section ______________________________ of the Sarbanes-Oxley Act of...

Question 18

In the management hierarchy, the level that lies between strategic management and operations management is called ______________________________ management.

Accepted Answer

The answer of In the management hierarchy, the level that...

Question 19

The quality of information when there is a high degree of consensus about the information among independent measurers using the same measurement methods is referred to as ______________________________.

Accepted Answer

The answer of The quality of information when there is...

Question 20

Describe the activities performed and information used by each of the following levels in the management structure:
a.Strategic management
b.Tactical management
c.Operations management

Accepted Answer

The answer of Describe the activities performed and information used...

Quiz 1: Introduction to Accounting Information Systems

______________________________ is the correspondence or agreement between the information and the actual events or objects that the information represents.

______________________________ is data presented in a form that is useful in a decision-making activity.

Information that is available before it loses its capacity to influence a user's decision possesses the quality of ______________________________.

Facts or figures in raw form are referred to as ______________________________.

Information that is objective is said to possess ______________________________.

______________________________ is an information quality that can be expanded into validity, accuracy, and completeness..

Information that improves a decision makers ability to predict, confirm, or correct earlier expectations has the quality known as __.

______________________________ is the degree to which information includes data about every relevant object or event necessary to make a decision and includes that information only once.

The quality of information that enables users to identify similarities and differences in two pieces of information is referred to as ______________________________.

Information that is capable of making a difference in a decision of a user is said to possess the quality of ______________________________.

A ________ is a tool designed to help you analyze a situation and relate processes to desired results.

Section ______________________________ of the Sarbanes-Oxley Act of 2002 requires management to identify, document and evaluate significant internal controls.

Section ______________________________ of the Sarbanes-Oxley Act of 2002 requires auditors to report on about the effectiveness of the organizations' systems of internal control.

The __________ of information must be evaluated in relation to the purpose to be served (decision making).

The __ 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 organization

Information about actual authorized events and objects has ______________________________.

Section ______________________________ of the Sarbanes-Oxley Act of 2002 requires disclosure to the public on a rapid and current basis of material changes in an organization's financial condition.

In the management hierarchy, the level that lies between strategic management and operations management is called ______________________________ management.

The quality of information when there is a high degree of consensus about the information among independent measurers using the same measurement methods is referred to as ______________________________.

Describe the activities performed and information used by each of the following levels in the management structure: a.Strategic management b.Tactical management c.Operations management