Accounting Information Systems: The Processes and Controls, 2nd Edition

END OF CHAPTER MATERIAL

CONCEPT CHECK

1. 1. Which of the following statements is not true?
   1. Accounting information systems must maintain both detail and summary information.
   2. Business processes may vary from company to company.
   3. Regardless of the extent of computerization, all accounting information systems must capture data from the transactions within business processes.
   4. Business processes categorized as expenditure processes are not intended to be processes that serve customers.
2. 2. In a manual system, an adjusting entry would most likely be initially recorded in a
   1. special journal
   2. subsidiary ledger
   3. general journal
   4. general ledger
3. 3. Which of the following is not a disadvantage of maintaining legacy systems?
   1. There are fewer programmers available to support and maintain legacy systems.
   2. They contain invaluable historical data that may be difficult to integrate into newer systems.
   3. Hardware or hardware parts may be unavailable for legacy systems.
   4. It can be difficult to integrate various legacy systems into an integrated whole.
4. 4. Which of the following is not an advantage of cloud computing when compared to client-server computing?
   1. It is more scalable.
   2. It is less costly.
   3. It increases the amount of computer infrastructure in a company.
   4. It has expanded availability.
5. 5. Which of the following is a disadvantage of purchased accounting software, compared with software developed in-house? ...