Chapter 1—Introduction to Accounting Information Systems TRUE/FALSE 1. The three themes of the text are operating systems, e-business, and internal control. ANS: F PTS: 1 2. It is critical for accountants to understand enterprise resource planning (ERP) systems. ANS: T PTS: 1 3. Information systems reliability and electronic commerce have been identified by the AICPA as potential assurance services. ANS: T PTS: 1 4. E-business is the application of electronic networks to undertake business processes among the functional areas in an organization. ANS: F PTS: 1 5. The role of the accountant has evolved to include non-financial information and information technology. ANS: T PTS: 1 6. Enterprise systems integrate an organization's business processes and information from all of an organization's functional areas. ANS: T PTS: 1 7. An information system consists of an integrated set of computer-based and manual components established to provide information to users. ANS: T PTS: 1 8. Internal control is a process that provides complete assurance that the organization is meeting its objectives, such as efficiency and effectiveness of operations and reliable reporting. ANS: F PTS: 1 9. The Sarbanes-Oxley Act of 2002 has dramatically changed the daily work of financial accountants and auditors. ANS: T PTS: 1 10. According to the Sarbanes-Oxley Act of 2002, management must identify, document, and evaluate significant internal controls. ANS: T PTS: 1