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) Answers At The End Of Each (Chapter Ch 8 Not Provided By Author)
Chapter 1:__________
1) After a college football game, a box score is produced detailing the number of yards
passing and running, receptions made and the number of interceptions and fumbles lost (among
other statistics). Using the characteristics of useful information (including relevance and
reliability), please explain how this box score meets (or does not meet) the characteristics of
useful information. How would the football coach use this information to prepare for the next
game, decide which players to start, etc.?
2) List and explain three ways that AIS affects the income statement and the firm’s
profitability.
3) Some would argue that the role of accounting is simply as an information provider.
Others suggest that accountants serve the role of business analyst. Which role produces more
value for a company like Starbucks? In the area of accounting information systems, what
specifically can the accountant do to serve as a business analyst to help address business
opportunities?
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