Question 1

A role of an accounting information system is to

		create new values and mission for an organization
		eliminate positions that were previously done manually with an automated accounting system
		prepare managerial reports for a small company in compliance with SEC regulations
		safeguard assets

5 points

Question 2

The role of an AIS would include

		ensuring access to company bank account information is restricted
		establishing relational databases for various accounts payable tables
		establishing validation controls on how many characters would be acceptable for a customer's zip code
		all of the above

5 points

Question 3

AIS are needed to

		meet SEC regulations for all companies
		meet the Freedom of Information Act of 1970 requirements for all companies
		process data for financial and managerial reporting
		all of the above

5 points

Question 4

__________ controls are designed to ensure information processed by the computer for financial statements is authorized, accurate, and complete.

		Access
		Application
		Computer
		Software

5 points

Question 5

When designing a database for accounts receivable, which of the following would be contained in the customer master file?

		customer's permanent shipping address
		item number of the last purchase made
		shipping date for the three most recent purchases
		total amount of the invoice for the last purchase, including sales tax

5 points