30 Questions
What is the major objective of financial accounting information systems?
To provide relevant information to individuals and groups within an organization
Which aspect of accounting is overlooked if an AIS ignores nonmonetary information?
Business performance measurement
What is the key role of information systems reliability in accounting?
To design reliable information systems for decision making
Which area of accounting focuses on providing assurance that an organization's set of business risks is comprehensive and manageable?
Risk assessment
How does the use of AIS impact nonfinancial data in accounting?
It overlooks nonmonetary information essential to users
What is a potential drawback if a financial accounting system focuses only on monetary data?
Incomplete information for decision-making
What is the main purpose of Electronic Commerce?
Ensuring the security and trustworthiness of online businesses
In computer-based systems, where is data entered and stored?
Files and databases
What is the primary purpose of bid rigging?
To make the bidding process appear competitive
What is the purpose of capturing transaction data as part of the data input process?
Triggered by a business activity
What is the significance of source documents in data processing?
Capturing data at its origin
What is the main purpose of a cookie?
To store information about a user's activity on a website
What is the primary function of the data processing cycle?
Generating relevant information
Which of the following is NOT a key element of fraud?
Injury or loss suffered by the victim
What is the primary purpose of a Ponzi scheme?
To make false statements about an investment opportunity
Which step in the data input process ensures accuracy and completeness?
Capturing information from source documents
Which of the following is an example of securities fraud?
Making false statements about an investment
What is the primary purpose of sabotage?
To intentionally destroy a system or its components
What is the term used to describe the theft of company assets by employees, which can include both physical and digital assets?
Misappropriation of Assets
Which of the following best defines 'Fraudulent financial reporting' according to the text?
Intentional or reckless conduct resulting in misleading financial statements
What technique involves using psychological tricks to gain access to a building, computer server, or network?
Social Engineering
Which type of fraud involves using technology and can include unauthorized access, modification, copying, or destruction of data?
Computer Fraud
In the context of computer fraud, what does 'cooking the books' refer to?
Falsifying financial records
What is the classification given to any software that is used to cause harm in the context of computer fraud?
Malware
Which type of malware secretly monitors and collects information about users without their permission?
Spyware
Which type of malware causes banner ads to pop up on a monitor and collects information about the user's web-surfing and spending habits?
Adware
Which type of malware records user activities such as keystrokes, emails, websites visited, and chat sessions?
Keylogger
What is the term for the unauthorized or malicious computer instructions within an authorized and properly functioning program?
Trojan Horse
Which type of malware is a self-replicating, executable code that attaches itself to a file or program requiring human action to replicate?
Virus
What is the term for a malware program that copies itself automatically and actively transmits itself to other systems?
Worm
Learn about the influence of information technology in accounting, focusing on major areas such as Managerial Accounting, Cost Accounting, Budgeting, Taxation, Auditing, and Financial Accounting. Explore how AIS is utilized in different aspects of accounting.
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