1) If a manager suffers "information overload"?

a) The "information" is really just data

b) It means that this person needs a larger hard drive

c) He or she must press the reset button on his or her computer

d) He or she must forget some facts in order to remember others'MA

which one is the answer?

2) Managerial accounting principally provides information to:

a) Potential creditors

b) Stockholders

c) Government regulators (e.g. ,Ontario Securities Commission, CRA)

dInternal company management

which one is the answer?

3) Which of the following accounting functions has been automated by most companies' information processing subsystems?

a) Posting to ledgers

b) Recording journal entries

c) Preparing trial balances

d) all of the above

which one is the answer?

4) What has been the effect on accountants in those organizations which have computerized their data processing functions?

a) The accountants' decision making activities have drastically declined

b) The accountants have become involved in more decision-making activities

c) The need for accountants has disappeared

d) The accountants have become "pure" boo-keepers

which one is the answer?

5) Computers tend to make audit trails easier to follow because everything is computerized

a) True

b) False

Which one is the question?

6) AISs often create information that is useful to non- accountants.

a) True

b) False

which one is the answer?

7) Which of these i a drawback of cloud computing?

a) Inability to handle periods of peak processing loads

b) Users must still invest heavily in computer resources of their own

c) None of these are drawbacks of cloud computing

d) Requires users to pay for services, whether they use them or not

e) May requires users to trust service provider with sensitive data

which one is the answer ?

8) Which of the following describes " cloud computing" ?

a) It is an internal business process over the organizations intranet

b) It is a way of using business applications over the internet

c) none of these

d) It is an internal business process over the organizations extranet

9) Most AISs perform all these functions expect :

a) Collect raw accounting data

b) Store accounting data for future uses

c) Process data into useful information

d) AISs perform all of these functions

which one is the answer?

10) Which of the following is not true about accounting information systems?

a) A student who also has an interest in both accounting and IT will find many job opportunities that combine these knowledge and skill areas

b) All AIS's are computerized

c) AIS;s, in addition to collecting and distributing large amounts of data and information, also organize store data for future uses

d) AIS's may report both financial and non-financial information

which one is the answer?