% correct
This is a collection of data items organized as a set of formally-described tables from
which data can be accessed or reassembled in many different ways without having to
reorganize the database tables.
a. Dataflow diagram
b. Matrix
c. data warehouse
d. relational database - answer d. relational database
Data differ from information in which way?
a. Information is data organized to provide meaning
b. Data are meaningful bits of information
c. There is no difference; the two terms are used synonymously
d. Data are facts about a sale - answer a. Information is data organized to provide
meaning
As a new sales manager, Sylvia is processing the monthly sales report numbers to
determine the top three salespersons of the year. At which stage of the DIKW hierarchy
is Sylvia working?
a. the revenue cycle
b. database
c. Information
d. wisdom - answer c. Information
Which of the following is not a characteristic that makes information useful?
a. It is inexpensive
b. It is relevant
c. It is timely
d. It is reputable - answer a. It is inexpensive
In which cycle does a company ship goods to customers?
a. production cycle
b. financing cycle
c. revenue cycle
d. expenditure cycle - answer c. revenue cycle
Which of the following is a function of an AIS?
a. Reducing the need to identify a strategy and strategic position.
b. Allocating organizational resources.
c. Automating all decision making
, d. Transforming data into useful information - answer d. Transforming data into
useful information
Which of the following is not a step in the data processing cycle?
a. Data processing
b. Data survey design
c. Data input
d. Data storage - answer b. Data survey design
Which of the following is not an advantage of an ERP system?
a. Standardization of procedures and reports
b. Simplicity and reduced costs
c. Better access control
d. Improved monitoring capabilities - answer b. Simplicity and reduced costs
How does the chart of accounts list general ledger accounts?
a. Alphabetical order
b. The order in which they appear in financial statements
c. Chronological order
d. Size order - answer b. The order in which they appear in financial statements
Which of the following is a primary activity in the value chain?
a. Post-sales service
b. Accounting
c. Human resource management
d. Purchasing - answer a. Post-sales service
In the value-chain concept, upgrading IT is considered what kind of activity?
a. structured technical activity
b. support activity
c. primary activity
d. service activity - answer b. support activity
The term data generally refers to:
a. raw facts about concrete or abstract entities and events
b. information
c. an excel spreadsheet
d. tables of numbers - answer a. raw facts about concrete or abstract entities and
events
A database management system is
a. a collection of databases in a company
b. a software system that facilitates the process of defining, constructing, manipulating
and controlling a database for various applications.
c. a cloud-based service used to implement Accounting Information Systems