STUDY OBJECTIVES – Chapter 1 1. An overview of business processes 2. An overview of an accounting information system 3. The business process linkage throughout the supply chain 4. The IT enablement of business processes 5. Basic computer and IT concepts 6. Examples of IT enablement 7. The internal control structure of organizations 8. The importance of accounting information systems to accountants 9. The relation of ethics to accounting information systems TEXTBOOK QUESTIONS: End of Chapter Questions: SO1 1. When a company receives returned goods from a customer, the business process to accept the return would most likely be a(n): a. Administrative process b. Conversion process c. Expenditure process *d. Revenue process SO2 2. Which of the following is least likely to be an output of the accounting information system? a. A check b. A report c. An invoice *d. A bar code SO3 3. Which of the following is not true of the supply chain? a. The supply chain includes vendors. *b. The supply chain excludes customers. c. The supply chain includes information flows. d. The supply chain include secondary suppliers. SO4 4. Which of the following is not an objective of IT enablement? a. Increased accuracy of data b. Reduced cost *c. Reduced security problems d. Increased efficiency Ch 1 Test bank – 5e