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Exam 1 (2).

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Exam of 5 pages for the course Chapter 5: Time Value of Money at Chapter 5: Time Value of Money (Exam 1 (2).)

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  • July 19, 2024
  • 5
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
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lydiaomutho
Exam 1
______ is typically used to upload and download files from the Internet. - ANS-FTP

"Design specifications" are the same as "design requirements." - ANS-false

"New Data" is the overarching concept that organizations have information storehouses that are
so large they cannot be practically managed. - ANS-false

"Social engineering" is a practice commonly used by cyber criminals to bait unsuspecting people
to reveal sensitive information. - ANS-true

A _________ implementation involves placing the new system into production to run
concurrently with the existing system for a period of time. During this period, the new system is
evaluated and any problems that arise are fixed before the old system is turned off. -
ANS-parallel

A data set is an application that stores data. - ANS-false

A debit card is a simplistic form of two-factor authentication. - ANS-true

A Distributed Denial of Service (DDoS) attack does which of the following? - ANS-It overloads a
network device by sending it more traffic than it can handle.

A firewall can restrict traffic from a specific IP address. - ANS-true

A firm that purchases a commercial-off-the-shelf (COTS) information system benefits in getting
a standardized system without having to absorb development costs but risks getting a system
that does not align with the firm's businesses processes and existing technologies. - ANS-true

A fundamental characteristic of a good project manager is that he or she takes a systems view
of the project. - ANS-true

A good project requirement should be both specific and measurable. - ANS-true

A project manager who mitigates the risk factors of a project is one who attempts to avoid those
risks altogether. - ANS-false

A storyboard is an example of a (an) ______________ prototype. - ANS-low-fidelity

A systems view of project management is one that: - ANS-views the project as one of many
interacting pieces that work together to produce something.

, AND, OR, and NOT are called Boolean operators and they can be used to improve the quality
of a query. Which of the following is NOT true? - ANS-AND links similar concepts or ideas.

Because of its design, when one node on the Internet goes down the traffic is able to be
rerouted through other nodes on the network. In this way the Internet is designed to be both
______ and ______. - ANS-fault-tolerant; redundant

Business and technology roles are slowly beginning to overlap. - ANS-true

Cloud computing is only used for business applications. - ANS-false

Commercial-off-the-Shelf Software (COTS) generally delivers all the exact needs that a
company has for the software they are purchasing. - ANS-false

Communication is not an important part of systems development. - ANS-false

Companies often contract a(n)______ for hardware and software to run their websites. -
ANS-Web hosting service

Contextual interdependence and understanding increase as data is transformed into information
then knowledge and wisdom. - ANS-true

Data, in and of itself, does not convey information. - ANS-true

Enterprise Resource Planning (ERP) systems are designed to integrate and manage all of the
different business units that comprise an organization such as human resources, accounting,
manufacturing, finance, and supply-chain management. - ANS-true

Google Docs is an example of a cloud application. - ANS-true

Hackers use encryption to hide their activities. - ANS-true

Hardware is the written program that tells a computer how to operate. - ANS-false

If you enter the IP address for a website directly into a browser, it will take you to that website. -
ANS-true

Implementing information systems MAY produce a sustainable competitive advantage when
done in conjunction with other organizational changes, such as pricing power, barriers to entry,
or product differentiation. - ANS-true

Individuals who have an interest in the outcome of a system development project are called
__________________. - ANS-stakeholders

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