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AIS Exam 1 (Ch. 1, 2, 3, 5, 6, 7) Questions and answers CA$17.95   Add to cart
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AIS Exam 1 (Ch. 1, 2, 3, 5, 6, 7) Questions and answers
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AIS Exam 1 (Ch. 1, 2, 3, 5, 6, 7) Questions and answers System 1. an entity consisting of two or more components or subsystems that interact to achieve a goal. 2. the equipment and programs that comprise a complete computer installation. 3. the programs and related procedures that perform a singl...

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  • August 3, 2024
  • 14
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • ais exam 1 ch 7 questions and an
  • system 1 an entity consisting of two or more comp
  • goal conflict occurs when a decision or action of
  • goal congruence achieved when a subsystem achieves

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AIS Exam 1 (Ch. 1, 2, 3, 5, 6, 7) Questions
and answers
System - answer 1. an entity consisting of two or more components or subsystems
that interact to achieve a goal. 2. the equipment and programs that comprise a complete
computer installation. 3. the programs and related procedures that perform a single task
on a computer.

Goal conflict - answer occurs when a decision or action of a subsystem is
inconsistent with another subsystem or the system as a whole.

goal congruence - answer achieved when a subsystem achieves its goals while
contributing to the organization's overall goal.

data - answer facts that are collected, recorded, stored, and processed by an
information system to produce informaiton

information - answer data that have been organized and processed to provide
meaning to a user

information overload - answer the state in which additional information can not be
used efficiently and has no marginal value.

information technology (IT) - answer information system designers use IT to help
decision makers more effectively filter and condense information.

value of information - answer the benefit produced by the information minus the cost
of producing it.

business process - answer a set of related, coordinated, and structured activities and
tasks that help accomplish a specific organizational goal.

transaction - answer an agreement between two entities to exchange goods or
services. any exchange that can be measured in economic terms by an organization.

transaction processing - answer a process that begins with capturing transaction
data and ends with an informational output.

give-get exchange - answer a event in which two entities exchange items, such as
cash for goods or services.

transaction cycles - answer a group of related business activities (sales order entry,
shipping, billing, and cash receipts constitutes the revenue cycle). the four transaction

, cycle covered in the text are revenue, expenditure, production, and human resource
management/payroll.

revenue cycle - answer the recurring set of business activities and data processing
operations associated with providing goods and services to customers and collecting
cash in payment for those sales.

expenditure cycle - answer a recurring set of business activities and related data
processing operations associated with the purchase of and payments for goods and
services.

production (conversion) cycle - answer the recurring set of business activities and
related data processing operations associated with the manufacture of products.

human resources management/ payroll cycle - answer the recurring set of business
activities and data processing operations associated with effectively managing the
employee workforce.

financing cycle - answer the business activities and data processing operations
associated with obtaining funds to operate, repay creditors, and distribute profits to
investors.

general ledger and reporting system - answer the information-processing operations
involved in updating the general ledger and preparing reports that summarize
organizational activities.

accounting information system (AIS) - answer a system that collects, records, stores,
and processes data to produce information for decision makers. AIS components
include: people, procedures, and instructions, data, software, information technology
infrastructure, and internal controls and security measures.

predictive analysis - answer it uses data warehouses and complex algorithms to
forecast future events, based on historical trends and calculated probabilities.

value chain - answer the linking together of all the primary and support activities in a
business. value is added as a product passes through the chain.

primary activities - answer activities in the value chain that are performed to create,
market, and deliver products, and services to customers and provide post-delivery
service and support. primary activities include production, shipping and receiving, and
marketing.

support activities - answer activities in the value chain that enable the primary
activities to be performed efficiently and effectively. examples include administration,
purchasing, and human resources.

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