C954 Flashcards-Section-Three Questions With 100% Verified Answers

C954 Flashcards-Section-Three Questions With 100% Verified Answers Operational level - Correct Answer Employees developed control and maintain core business activities required to run the day today operations Structured decisions - Correct Answer Involves situations where establish process offers potential solutions Managerial level - Correct Answer Employees are constantly evaluating company operations to hone the firms ability to identify adapt to a leverage change Unstructured decisions - Correct Answer Incurs in situation in which no procedures or rules exist to guide decision making towards the correct choice Managerial level - Correct Answer Managers develop overall business strategies goals and objectives as part of the company strategic plan Model - Correct Answer A simplified representation or abstraction of reality Online transaction processing OLTP - Correct Answer The capture of transaction and event information using technology to one process the information according to the define business rules to store the information and three update existing information to reflect the new information Transaction processing system (TPS) - Correct Answer The basic business system that serves the operational level analysis in our organization Source document - Correct Answer Describes the original transaction record along with details such as it state purpose and amount spent and includes cash receipt canceled checks invoice customer refund employee timesheet etc. Online analytical processing (OLAP) - Correct Answer The manipulation of information to create business intelligence in support of strategy decision making Decision support system (DSS) - Correct Answer Model information using olap which provides assistance in evaluating and choosing among a different course of action What if analysis - Correct Answer Checks the impact of a change in an assumption on the proposed solution Sensitivity analysis - Correct Answer The study of the impact on other variables when one variable is changed rapeatedly