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AIS Questions and Answers graded A+
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AIS Questions and Answers graded A+ A set of two or more interrelated components that interact to achieve a goal. Most systems are composed of smaller subsystems that support the larger system. System When a subsystem's goals are inconsistent with the goals of another subsystem or the syst...

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  • August 4, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • ais questions and answers graded a
  • a set of two or more interrelated components that
  • when a subsystems goals are inconsistent with the
  • when a sub system achieves its goals while contrib

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AIS Questions and Answers graded A+
A set of two or more interrelated components that interact to achieve a goal. Most
systems are composed of smaller subsystems that support the larger system. - answer
System

When a subsystem's goals are inconsistent with the goals of another subsystem or the
system as a whole. - answer Goal conflict

When a sub-system achieves its goals while contributing to the organization's overall
goal. - answer Goal congruence

Facts that are collected, recorded, stored, and processed by an information system. -
answer Data

Data that have been organized and processed to provide meaning and improve
decision making. - answer Information

A characteristic of useful information means that it reduces uncertainty, improves
decision-making, or confirms or corrects prior expectations. - answer Relevant

A characteristic of useful information that means that it is free from error or bias;
accurately represents organization events or activities. - answer Reliable

1. Does not omit important aspects of the events or activities it measures. - answer
Complete

1. Provided in time for decision makers to make decisions. - answer Timely

1. Presented in a useful and intelligible format. - answer Understandable

1. Two independent, knowledgeable people produce the same information. - answer
Verifiable

Available to users when they need it and in a format they can use. - answer
Accessible

Exceeding the amount of information a human mind can absorb and process, resulting
in a decline in decision-making quality and an increase in the cost of providing
information. - answer Information overload

l The computers and other electronic devices used to store, retrieve, transmit, and
manipulate data. - answer Information technology (IT)

, A set of related, coordinated, and structured activities and tasks, performed by a
person, a computer, or a machine, that help accomplish a specific organizational goal. -
answer Business process

An agreement between two entities to exchange goods or services, such as selling
inventory in exchange for cash; any other event that can be measured in economic
terms by an organization. - answer Transaction

Process of capturing transaction data, processing it, storing it for later use, and
producing information output, such as a managerial report or a financial statement. -
answer Transaction processing

Transactions that happen a great many times, such as giving up cash to get inventory
from a supplier and giving employees a paycheck in exchange for their labor. - answer
Give-get exchange

The major give-get exchanges that occur frequently in most companies. - answer
Business processes or transaction cycles

A system that collects, records, stores, and processes data to produce information for
decision makers. It includes people, procedures and instructions, data, software, IT
infrastructure, & internal controls and security measures. - answer Accounting
information system

Information-processing operations involved in updating the general ledger and
preparing reports for both management and external parties. - answer General
ledger and reporting system

Business Processes or Transaction Cycle
which activities are associated with selling goods and services in exchange for cash or
a future promise to receive cash. - answer Revenue cycle

Business Processes or Transaction Cycle
which activities are associated with purchasing inventory for resale or raw materials in
exchange for cash or a future promise to pay cash? - answer Expenditure cycle

Business Processes or Transaction Cycle
which activities are associated with using labor, raw materials, and equipment to
produce finished goods. - answer Production or conversion cycle

Business Processes or Transaction Cycle
which activities are associated with hiring, training, compensating, evaluating,
promoting, and terminating employees. - answer Human resources/payroll cycle

Business Processes or Transaction Cycle

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