Test 1 (1,2,18)

Test 1 (1,2,18) - View Attempt 1 of 1 Title: 1 Started:...

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Unformatted text preview: View Attempt 1 of 1 Title: 1 Started: June 6, 2010 9:33 AM Submitted: June 6, 2010 10:34 AM Time spent: 01:00:12 Comments: Total score: 72/105 = 68.5714% Total score adjusted by 0.0 Maximum possible score: 105 1. Honesty You must type the following statement in order to take this test: "I have not discussed this test with anyone in any way. I realize that if I discuss this test with anyone in any, I have violated the Honor Code. Violation of the Honor Code is cheating." Student Response: I have not discussed this test with anyone in any way. I realize that if I discuss this test with anyone in any, I have violated the Honor Code. Violation of the Honor Code is cheating. Score: 0/0 Comments: 2. Bonus Everyone receives bonus points on this test because of Darin's "technical issues". Please select "True" below. Student Response Correct Answer True True Score: 5/5 Comments: 3. 01-010 The value of information can best be defined as Student Response Correct Answer Feedback A. how useful it is to decision makers. B. the benefits produced by possessing and using the information minus the cost of producing it. C. how relevant it is. D. the extent to View Attempt http://webctap.gardner-webb.edu/webct/urw/lc8932375... 1 of 16 6/7/2010 3:44 PM which it maximizes the value chain. Score: 2/2 Comments: 4. 01-016 Information that is free from error or bias and accurately represents the events or activities of the organization is Student Response Correct Answer Feedback A. Relevant B. Reliable C. Verifiable D. Timely Score: 2/2 Comments: 5. 01-020 The primary consideration when producing this type of information is that its benefits exceeds its costs. Student Response Correct Answer Feedback A. Discretionary information B. Essential information C. Mandatory information D. Value of information Score: 2/2 Comments: 6. 01-029 The American Institute of Certified Public Accountants (AICPA) has recognized the importance of AIS and the major impact information technology has on the area of accounting. To recognize individual CPAs who have met educational and experiential requirements in this area, the group formally created the designation known as Student Response Correct Answer Feedback A. the Certified Management Accountant. B. the Certified Information View Attempt http://webctap.gardner-webb.edu/webct/urw/lc8932375... 2 of 16 6/7/2010 3:44 PM Technology Professional. C. the Certified Internal Auditor. D. the Certified Data Processing Professional. Score: 2/2 Comments: 7. 01-034 The process of creating value for customers is the result of nine activities (five primary and four support) that taken together form a Student Response Correct Answer Feedback A. value chain. B. profitable operation....
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This note was uploaded on 05/27/2011 for the course ACC 400 taught by Professor Null during the Summer '10 term at GWU.

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Test 1 (1,2,18) - View Attempt 1 of 1 Title: 1 Started:...

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