Exam (elaborations)
AIN2601-S2-2024-ASSESSMENT 6 ALL QUESTIONS ARE COVERED 100% PASS A+
- Course
- Institution
AIN2601-S2-2024-ASSESSMENT 6 ALL QUESTIONS ARE COVERED 100% PASS A+
[Show more]
Seller
Follow
controllockinfo
Reviews received
Content preview
AIN2601-S2-24-ASSESSMENT-6Assessment 6
Open course index
Started on Wednesday, 7 November 2024, 3:04 PM
State Finished
Completed on Wednesday, 7 November 2024, 3:52 PM
Time taken 47 mins 20 secs
Grade 40.00 out of 40.00 (100%)
Question 1
Correct
Mark 1.00 out of 1.00
Flag question
Question text
A disadvantage of XBRL is that data received via XBRL cannot be validated and
analysed by using specific software.
Select one:
True
False
Feedback
The correct answer is 'False'.
Question 2
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Information that is available when users need it to make decisions is considered to
be _________.
1.
timely
2.
secure
3.
relevant
4.
economical
, AIN2601-S2-24-ASSESSMENT-6
Feedback
Your answer is correct.
The correct answer is:
timely
Question 3
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Extensible Business Reporting Language (XBRL) has revolutionised the business
world in terms of financial reporting.
Which one of the following is a disadvantage of XBRL?
1.
There is a decrease in the accuracy of reporting.
2.
It is still challenging to report in different languages.
3.
The design of XBRL disallows compliance with IFRS and US GAAP
requirements.
4.
The initial cost of tagging XBRL data is high because it requires high labour input.
Feedback
Your answer is correct.
The correct answer is:
The initial cost of tagging XBRL data is high because it requires high labour input.
Question 4
Correct
Mark 1.00 out of 1.00
Flag question
Question text
When an unauthorised staff member attempts to process a journal, a/an ________
report is generated automatically.
, AIN2601-S2-24-ASSESSMENT-6
1.
demand
2.
exception
3.
drill-down
4.
scheduled
Feedback
Your answer is correct.
The correct answer is:
exception
Question 5
Correct
Mark 1.00 out of 1.00
Flag question
Question text
The sole purpose of a management information system (MIS) is to generate only
financial reports about operational activities.
Select one:
True
False
Feedback
The correct answer is 'False'.
Question 6
Correct
Mark 1.00 out of 1.00
Flag question
Question text
The manufacturing management information system (MIS) provides information
to meet the needs of the manufacturing function and reports include _________.
1.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller controllockinfo. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $3.27. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
51662 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 15 years now