INSY 2303 EXAM 3 UTA QUESTIONS AND
ANSWERS 2026 VERIFIED.
Information System - ANS Collects, stores, and processes data to provide useful, accurate,
and timely information
Organization - ANS a group of people working together to accomplish a goal
Enterprise - ANS Any organization that seeks profit by providing goods and services
5 components of an information system - ANS Hardware, software, communication networks,
policies and procedures, people
Vertical Market - ANS software designed for a specific industry or enterprise
Horizontal market - ANS Software designed for common elements of many businesses
3 phases of decision making - ANS 1. Recognize the problem or a need to make a decision
2. Devise and analyze possible solutions
3. Select an action or solution
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, Transaction - ANS an exchange between two parties that is recorded and stored in a
computer system
Transaction processing system (TPS) - ANS provides a way to collect, process, store, display,
modify, or cancel transactions
Online processing - ANS a real-time method in which each transaction is processed as it is
entered
Management information system - ANS any computer system that processes data and
provides information within a business setting
Summary report - ANS combines, groups, or totals data
Exception report - ANS contains information that is outside of normal or acceptable ranges
Decision support system - ANS helps people make decisions by directly manipulating data,
accessing data from external sources, generating statistical projections, and creating data
models of various scenarios
Executive information system - ANS a type of decision support system designed to provide
senior managers with information relevant to strategic management activities
Expert system - ANS a computer system designed to analyze data and produce a
recommendation, diagnosis, or decision based on a set of facts and rules
Knowledge engineering - ANS the process of designing, entering, and testing the rules in an
expert system
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ANSWERS 2026 VERIFIED.
Information System - ANS Collects, stores, and processes data to provide useful, accurate,
and timely information
Organization - ANS a group of people working together to accomplish a goal
Enterprise - ANS Any organization that seeks profit by providing goods and services
5 components of an information system - ANS Hardware, software, communication networks,
policies and procedures, people
Vertical Market - ANS software designed for a specific industry or enterprise
Horizontal market - ANS Software designed for common elements of many businesses
3 phases of decision making - ANS 1. Recognize the problem or a need to make a decision
2. Devise and analyze possible solutions
3. Select an action or solution
@COPYRIGHT ALL RIGHTS RESERVED PAGE 1 OF 15
, Transaction - ANS an exchange between two parties that is recorded and stored in a
computer system
Transaction processing system (TPS) - ANS provides a way to collect, process, store, display,
modify, or cancel transactions
Online processing - ANS a real-time method in which each transaction is processed as it is
entered
Management information system - ANS any computer system that processes data and
provides information within a business setting
Summary report - ANS combines, groups, or totals data
Exception report - ANS contains information that is outside of normal or acceptable ranges
Decision support system - ANS helps people make decisions by directly manipulating data,
accessing data from external sources, generating statistical projections, and creating data
models of various scenarios
Executive information system - ANS a type of decision support system designed to provide
senior managers with information relevant to strategic management activities
Expert system - ANS a computer system designed to analyze data and produce a
recommendation, diagnosis, or decision based on a set of facts and rules
Knowledge engineering - ANS the process of designing, entering, and testing the rules in an
expert system
@COPYRIGHT ALL RIGHTS RESERVED PAGE 2 OF 15
