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Test Bank For Accounting Information Systems, 10th Edition

Strengthen your exam preparation with Test Bank For Accounting Information Systems, 10th Edition, offering a diverse set of questions and answers.

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1Accounting Information Systems, 10e(Bodnar/Hopwood)Chapter 1Accounting Information Systems: An Overview1) A system is a collection of related resources designed to help a company achieve specifiedobjectives.Answer: TRUEDiff: 1Page Ref:12) Accounting information systems are designed to gather and utilize information which maycost more to provide than it is worth to the user.Answer: FALSEDiff: 2Page Ref:33) The basic goal of accounting information systems is to convert financial data into information.Answer: TRUEDiff: 1Page Ref:14) Examples of the information provided by a financial information system are cash flowsummaries and payment information.Answer: TRUEDiff: 2Page Ref:45) All data processed and information stored in an accounting information system are mandatoryfor financial reporting purposes.Answer: FALSEDiff: 2Page Ref:36) A typical CRM contains one common database in which all departments with customercontact can access and update.Answer: TRUEDiff: 1Page Ref:47) A typical CRM contains one database for each department which has customer contact.Answer: FALSEDiff: 1Page Ref:48) An extended enterprise brings suppliers and customers together in order to meet customerdemand while minimizing supplier costs.Answer: FALSEDiff: 1Page Ref:49) Procurement and firm infrastructure are examples of primary business processes.Answer: FALSEDiff: 3Page Ref:9

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Subject
Accounting
Textbook
Accounting Information Systems by U...

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