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Accounting Information Systems Quiz
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Accounting Information Systems Quiz

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@FerventIntegral

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Questions and Answers

What is the primary role of an Accounting Information System (AIS)?

  • Store financial data only
  • Collect and process financial and non-financial transactions (correct)
  • Manage inventory
  • Handle customer relations
  • Which of the following is not a component of the AIS?

  • People
  • Procedures and Instructions
  • Marketing Tools (correct)
  • IT Infrastructure
  • Which system provides internal management with special-purpose financial reports and data?

  • Management Reporting System (MRS) (correct)
  • General Ledger System
  • Transaction Processing System (TPS)
  • Decision Support System (DSS)
  • Which type of audit focuses on the effectiveness of IT controls?

    <p>IT Auditing</p> Signup and view all the answers

    Which of the following systems helps in making strategic decisions at the senior management level?

    <p>Executive Support System (ESS)</p> Signup and view all the answers

    An ERP system integrates various business functions and departments into a single database and user interface.

    <p>True</p> Signup and view all the answers

    The Sarbanes-Oxley Act (SOX) Section 406 requires a public company to disclose whether it has adopted a code of ethics for its senior financial officers.

    <p>True</p> Signup and view all the answers

    A flowchart shows the sequence of logical operations that a computer performs as it executes a program.

    <p>True</p> Signup and view all the answers

    Internal control systems in an organization aim to promote inefficiency to identify mistakes more easily.

    <p>False</p> Signup and view all the answers

    One of the disadvantages of ERP systems is that they may require changes to business processes to suit the system.

    <p>True</p> Signup and view all the answers

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