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

END OF CHAPTER MATERIAL

CONCEPT CHECK

1. 1. Which of the following statements is true?
   1. E-business is a subset of e-commerce.
   2. E-commerce is a subset of e-business.
   3. E-business and e-commerce are exactly the same thing.
   4. E-business and e-commerce are not related.
2. 2. An electronic hardware device that is located at the gateway between two or more networks is a
   1. packet switch
   2. router
   3. URL
   4. protocol
3. 3. The type of organization that serves as the main trunk line of the Internet is called a
   1. local ISP
   2. global ISP
   3. regional ISP
   4. backbone provider
4. 4. Which of the following is not a direct advantage for the consumer from e-commerce?
   1. Access to a broader market
   2. More shopping convenience
   3. Reduced order-processing cost
   4. Information sharing from the company
5. 5. Each of the following represents a characteristic of B2B commerce except
   1. electronic data interchange
   2. electronic retailing
   3. data exchanges
   4. preexisting business relationships
6. 6. Each of the following represents an application of B2C commerce except
   1. software sales
   2. electronic retailing
   3. data exchanges
   4. stock trading
7. 7. Before forwarding customer data, an organization should receive explicit or implicit consent of the customer. This describes which of the AICPA Trust Services Principles online privacy practices?
   1. Consent
   2. Use and retention
   3. Access
   4. Onward transfer and disclosure
8. 8. Which of the following processes within a supply chain can benefit from IT enablement?
   1. All processes throughout the supply chain
   2. Only internal processes within the ...