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Definition of Accounting Information System (AIS) ✔Correct Answer-records, processes,
summarizes, reports, and communicated the results of business transactions to provide financial and
nonfinancial information to facilitate decision making
What are the 4 Certifications in AIS? ✔Correct Answer-Certified Internal Auditor (CIA)
Certified Public Accountant (CPA)
Certified Information Technology Professional (CITP)
Certified Information Systems Auditor (CISA)
What are the Roles in AIS? ✔Correct Answer-User
Manager
Designer
Evaluater
What is the value of fixed assets on the balance sheet? Internal or external? What information
system? CRM, FRM, HRM or SCM? ✔Correct Answer-Internal and FRM- financial reporting
management
What shoes are least desired by Zappo's customers? Internal or external? What information system?
CRM, FRM, HRM or SCM? ✔Correct Answer-external and CRM- Customer relationship
management
How much does Airbus own General Electric for its turbine engines? Internal or external? What
information system? CRM, FRM, HRM or SCM? ✔Correct Answer-external and SRM Supply Chain
Management
When will UPS deliver the inventory? (company receiving inventory) Internal or external? What
information system? CRM, FRM, HRM or SCM? ✔Correct Answer-External and SCM-supply chain
management or CRM(if they are talking about delivering to customer)
When will the shampoo product from Procter & Gamble arrive to the Walmart distribution center?
Internal or external? What information system? CRM, FRM, HRM or SCM? ✔Correct Answer-
external and SCM
How long does it take to close the books at the end of the period? Internal or external? What
information system? CRM, FRM, HRM or SCM? ✔Correct Answer-Internal and FRM
Which customers should we no longer sell to due to poor credit? Internal or external? What
information system? CRM, FRM, HRM or SCM? ✔Correct Answer-External and CRM
How long does it take to deliver from Nissan to its car dealers? Internal or external? What
information system? CRM, FRM, HRM or SCM? ✔Correct Answer-external and SCM
When was the depreciation adjusting journal entry made? Internal or external? What information
system? CRM, FRM, HRM or SCM? ✔Correct Answer-internal and FRM
, How long does it take Microsoft to get electronic parts from Vietnam? Internal or external? What
information system? CRM, FRM, HRM or SCM? ✔Correct Answer-External and SCM
Who is Apple's most profitable customer? Internal or external? What information system? CRM,
FRM, HRM or SCM? ✔Correct Answer-external and CRM
What is the salary of the web page designer most recently hired at Netflix? Internal or external?
What information system? CRM, FRM, HRM or SCM? ✔Correct Answer-Internal and HRM
Scenario: surveys of prospective customers ✔Correct Answer-Marketing/Sales
4 Components of Big Data ✔Correct Answer-Volume, Velocity, Variety, Veracity
Which V of Big data is: Unstructured and unprocessed data, such as comments in social media,
emails, global positioning system measurements ✔Correct Answer-Variety
Which V of Big data is: Data coming in at fast speeds or in real time, such as streaming videos and
news feeds ✔Correct Answer-Velocity
Which V of Big data is: Data with a lot of missing observations or opinions or facts ✔Correct
Answer-Veracity
Which V of Big data is: the massive amount of streaming data involved or all X data from 2024
✔Correct Answer-Volume
AMPS Model ✔Correct Answer-1. Ask the question
2. Master the data
3. Perform the analysis
4. Share the story
4 types of analytics ✔Correct Answer-1. Descriptive- What happened? (Fact)
2. Diagnostic- Why did it happen? (variances, anomalies, investigate fluctuations)
3. Predictive-Will it happen in the future? (regression, analysis, probability and forecast)
4. Prescriptive- What should we do, based on what we expect will happen? (best option based on
guidelines)
Exploratory Data Visualization ✔Correct Answer-The use of data visualization tools and techniques
to examine data to find insights.
Explanatory data visualization ✔Correct Answer-A graphical representation useful in
communicating the findings of the analysis to stakeholders.
Business Process ✔Correct Answer-a defined sequence of business activities that use resources to
transform specific inputs into specific outputs to achieve a business goal
business analysis ✔Correct Answer-the process of defining business process requirements and
evaluating potential improvements
Business Model ✔Correct Answer-a simple abstract representation of one or more business
processes