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MIS 301 Chapter 10 Question and answers rated A+ 2024 $12.49   Add to cart

Exam (elaborations)

MIS 301 Chapter 10 Question and answers rated A+ 2024

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  • MIC 301
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  • MIC 301

MIS 301 Chapter 10 Question and answers rated A+ 2024 Functional area information systems (FAIS) - correct answer a system that provides information to managers (usually mid-level) in the functional areas, in order to support managerial tasks of planning, organizing, and controlling operations ...

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  • August 27, 2024
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  • Exam (elaborations)
  • Questions & answers
  • MIC 301
  • MIC 301
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flyhigher329
MIS 301 Chapter 10
Functional area information systems (FAIS) - correct answer ✔a system that
provides information to managers (usually mid-level) in the functional areas, in
order to support managerial tasks of planning, organizing, and controlling
operations


Transaction processing Systems (TPS) - correct answer ✔information
system that supports routine, core business transactions.


Primary objective of any TPS is to - correct answer ✔Capture, Process, and
Store information


Three major activities of typical TPS - correct answer ✔Data collection, Data
manipulation, Data and report production


Accounting information system (AIS) - correct answer ✔oldest and most
widely used information system in business, Receives information from
transaction processing systems (TPSs)


Three types of AIS - correct answer ✔Transaction processing system (TPS),
Cost Accounting Systems, Managerial accounting systems


Cash Management System (CMS) ... - correct answer ✔handle cash
transactions specifically


Electronic fund transfer (EFT) - correct answer ✔electronic transfer of cash
from one bank account to another, can include Investment management,
Capital budgeting, Financial planning

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