The Chapter Discussed Four Macro-Level and Four Micro-Level Factors That

question 59

Multiple Choice

The chapter discussed four macro-level and four micro-level factors that should be considered when evaluating information technology for use in the accounting information system. It also discussed Sylla and Wen's three-stage process for evaluating information technology investments. Which of the following best pairs a macro-level factor with a level from the Sylla and Wen framework?

• A)Strategic fit, intangible benefits evaluation
• B)Need, IT investment risk analysis
• C)Vendor reliability, tangible benefits evaluation
• D)None of the above.

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Definitions:

Debited

In accounting, this term indicates that an entry has been made to the left side of an account, increasing assets or expenses, or decreasing equity, liability, or revenue.

Proprietorship

A business structure owned by a single individual, where the owner is personally responsible for the business's debts and liabilities.

Withdrawal

Removing funds from an account, or the act of taking money out from a partnership or investment, often referring to the distribution of assets to owners or partners.

Unearned Revenue

Money received by an individual or company for a service or product yet to be provided or delivered.