Reading review questions.These questions will help you assess your understanding of the text readings. If you’ve studied the chapter thoroughly, you should be able to answer them without reference to the text itself. Although these questions appear first, you may find them easier to answer after completing the rest of the end-of-chapter assignments. I urge you to answer them in your own words, rather than with quotations from the text itself.
a. What is an accounting information system?
b. Describe the purpose of the FASB conceptual framework. Discuss how it relates to your study of accounting information systems.
c. List and discuss the five parts of a generic accounting information system.
d. Compare and contrast sponsored information, practitioner/public information, and scholarly information.
e. Identify five broad criteria you can use to evaluate information on the Internet and in other sources.
f. In a manner specified by your instructor (e.g., individually or with a group, as a written paper or as an oral presentation), prepare an original response to one or more of the questions for this chapter’s “AIS in the Business World.”
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