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EXAM 1 AIS REVIEW QUESTIONS & ANSWERS 2024/2025
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EXAM 1 AIS REVIEW QUESTIONS & ANSWERS 2024/2025 What are primary activities? - ANSWERSDirectly provide value to its customers List the primary activites - ANSWERSInbound logistics, operations, outbound logistic, sales/marketing, service What are support activities? - ANSWERSbusiness acti...

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  • August 10, 2024
  • 30
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • exam 1 ais review questions answers

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EXAM 1 AIS REVIEW QUESTIONS &
ANSWERS 2024/2025

What are primary activities? - ANSWERSDirectly provide value to its customers



List the primary activites - ANSWERSInbound logistics, operations, outbound logistic, sales/marketing,
service



What are support activities? - ANSWERSbusiness activities that do not add value directly to a firm's
product or service under consideration but support the primary activities that do add value



List the support activities - ANSWERSFirm Infrastructure, HR, Technology, Purchasing



Give examples of the support activities - ANSWERSFirm Infrastructure- Legal, accounting, and finance
departments. This is where the AIS system is.

HR- recruiting, employee compensation, training.

Technology- research and development.

Purchasing- includes acquiring raw materials as well as the building used to carry out primary activities.



What is a system? - ANSWERSa set of two or more interrelated components that interact to achieve a
goal



Goal Conflict - ANSWERSwhen a subsystem's goals are inconsistent with the goals of another subsystem
or the system as a whole



Goal Congruence - ANSWERSwhen a subsystem achieves its goals while contributing to the organization's
overall goal



Integration - ANSWERSAllows separate systems to communicate directly with each other, eliminating the
need for manual entry into multiple systems. Eliminates duplicate recordings.

,Data - ANSWERSfacts that are collected, recorded, stored, and processed by an information system



Information - ANSWERSData converted into a meaningful and useful context



Information Overload - ANSWERSA condition in which information inflow exceeds an individual's
processing capacity



What are the characteristics of useful information? - ANSWERSRelevant

Reliable

Complete

Timely

Understandability

Verifiable

Accessible



NOTE: ALL ARE FROM FRAMEWORKS ACCEPT ACCESSIBLE WHICH IS A COMBO OF TIMELY AND
UNDERSTANDABILITY



Data differs from information in which way? - ANSWERSData is input, information is output.



Which of the following is NOT a characteristic that make information useful? - ANSWERSIt is expensive



What is the value of information - ANSWERSthe benefit produced by the information minus the cost of
producing it



Which of the following is NOT a means by which information improves decision making? -
ANSWERSIncreasing information overload.



Business Processes/ Transaction Cycle - ANSWERSThe revenue cycle

, The expenditure cycle

The production cycle

HR/Payroll

The financing cycle



For each business process list the give/ get - ANSWERSRevenue- get cash/AR, give goods and service

Expense- get goods and materials, give cash/ AP

Production- get goods, give materials

HR- get labor, give cash

Financing- get cash, give cash



Which transaction cycle includes interactions between an organization and its suppliers? -
ANSWERSexpenditure cycle



In which cycle does a company ship goods to customers - ANSWERSRevenue cycle



What is an AIS system? - ANSWERSsystem that collects, records, and processes data to produce
information for decision makers.



What are the 6 components of AIS? - ANSWERSThe people who operate the system

The procedures and instructions involved in collecting, processing and storing data

The data about the organization and its business practices

The software used to process the organization's data

The information technology infrastructure including computers and network communications

The internal controls and security measures that safeguard the data



Which of the following is a function of an AIS? - ANSWERStransforming data into useful information



How does AIS add value to an organization? - ANSWERSImprove the quality and reduce the costs of
products and services.

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