Introduction to Accounting Information Systems (AIS) Quiz

An accounting information system (AIS) is a subsystem of Management Information System (MIS)

AIS is used to collect, store, manage, process, retrieve, and report financial data

AIS is only used by accountants and auditors

AIS helps different departments within a company work together

An effective AIS uses only software to store and retrieve data

Internal and external controls of an AIS are not important for protecting sensitive data

Accounting information systems generally consist of five primary components

The people in an AIS are the system users

AIS is not related to business activity tracking

AIS ensures the highest level of accuracy in a company's financial transactions and record-keeping

True or false: AIS stands for Accounting Information System?

True or false: An AIS can be both manual and automated?

True or false: SQL is a computer language commonly used for databases?

True or false: AIS stores all financial information pertinent to an organization's business practices?

True or false: AIS includes memos, correspondence, presentations, and manuals?

True or false: AIS facilitates a business's record-keeping, reporting, analysis, auditing, and decision-making activities?

True or false: AIS software is the computer programs used to store and analyze financial data?

True or false: Before computers, AIS was a manual, paper-based system?

True or false: AIS is designed to meet the needs of the people who will be using it?

True or false: AIS should hinder efficiency in an organization?

Small businesses might use Intuit's Quickbooks or Sage's Sage 50 Accounting as their AIS software.

SAP's Business One is commonly used by small to mid-sized businesses.

Microsoft's Dynamics GP is primarily used by large businesses.

AIS software programs can be customized to meet the unique needs of different types of businesses.

IT infrastructure refers to the hardware used to operate the accounting information system.

A turnkey system includes both the hardware and software needed for an AIS.

Biometric identification is a type of internal control used to protect sensitive data in an AIS.

An AIS should include a plan for maintaining and upgrading hardware components.

All of the data in an AIS should be encrypted and access should be logged and surveilled.

An AIS is not vulnerable to computer viruses, hackers, and other network security threats.