Chapter 1: Systems fundamentals Multiple Choice Questions 1. The role of the accountant has changed in recent times because: a. professional bodies have sought to redefine and reposition the accounting function. *b. computer systems have emerged to handle the classification and recording tasks traditionally associated with the accounting function. c. the accounting cycle is too complex and involved to be performed solely by the accountant. d. knowledge workers have increasingly replaced accountants in the performance of recording and classification tasks. Correct answer: b Learning Objective 1.1 ~ Define and describe accounting and explain how information systems have altered the role of accounting and the job of the accountant 2. As computer systems have been developed to perform the recording and classification tasks associated with business activities, the nature of accounting and the work of the accountant have also been pushed in a new direction. Increasingly, the role of the accountant is seen to be to: a. use computer programs rather than manual journals. b. ensure that businesses invest in new software. *c. add value and provide and interpret information for an organisation. d. outsource accounting work to bookkeepers. Correct answer: c Learning Objective 1.1 ~ Define and describe accounting and explain how information systems have altered the role of accounting and the job of the accountant 3. The ICAA requires that its members should bring their analytic expertise to several fields. Which one of the following field is NOT specified by the ICAA? a. Strategic planning and change management. b. Market analysis and compliance. c. The use of information technology. *d. Human resource management. Correct answer: d Learning Objective 1.1 ~ Define and describe accounting and explain how information systems have altered the role of accounting and the job of the accountant