Exam (elaborations)
AIS Midterm ch 1 (1).
- Institution
- 9.4.1 Transaction Processing Systems
AIS Midterm ch 1 (1).
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AIS Midterm ch 1Which individuals may be involved in the Systems Development Life Cycle?
accountants
systems professionals
end users
all of the above - ANS-all of the above
The primary input to the Transaction Processing System is
a financial transaction
an accounting record
an accounting report
a nonfinancial transaction - ANS-financial transaction
All of the following are external end users except
Cost accountants
Creditors
Stockholders
Tax authorities - ANS-cost accountants
The major difference between the Financial Reporting System (FRS) and the Management
Reporting System (MRS) is the
A. FRS provides information to internal and external users; the MRS provides information to
internal users
B. FRS provides discretionary information; the MRS provides nondiscretionary information
C. FRS reports are prepared using information provided by the General Ledger System; the
MRS provides information to the General Ledger System
D. FRS reports are prepared in flexible, nonstandardized formats; the MRS reports are prepared
in standardized, formal formats - ANS-A
Motivations for IT outsourcing include each of the following except
IT's highly technical nature
Long term contracts in IT outsourcing
Expense of IT
Dynamically changing nature of IT - ANS-Long term contracts
Database management tasks do not include
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