ACG 4401 EXAM QUESTIONS AND
ANSWERS 100% CORRECT
Which of the following statements is (are) true? (Check all that apply.)
A.
Most systems are composed of smaller subsystems, each designed to achieve one or
more organizational goals, which support a larger system.
B.
As a rule, users make better decisions as the quantity and quality of information
decreases.
C.
Information costs and benefits can be difficult to quantify.
D.
There are limits to the amount of information the human mind can absorb and process.
E.
The smaller the organization and the less complicated the system, the more difficult it is
to achieve goal congruence. - ANSWER A, C, D
Which of the following statements is (are) true? (Check all that apply.)
A.
Benefits of information include reduced uncertainty, improved decisions, and improved
ability to plan and schedule activities.
B.
The value of information is the cost of producing it minus the benefit produced by the
information.
C.
Information system designers use information technology to help decision makers more
effectively filter and condense information.
,D.
Changes in a subsystem can usually be made without considering the effect on other
subsystems.
E.
Goal conflict occurs when a subsystem achieves its goals while contributing to the
organization's overall goal. - ANSWER A and C
Which of the following statements is (are) true? (Check all that apply.)
A.
Businesses need to collect data about activities that take place, the resources affected
by the activities, and the people who participate in the activity.
B.
It is difficult to determine the value of information before it has been produced and
utilized.
C.
A system is a set of two or more interrelated components that interact to achieve a goal.
D.
Goal congruence occurs when a subsystem's goals are inconsistent with the goals of
another subsystem or with the system as a whole.
E.
Information is facts that are collected, recorded, stored, and processed by an
information system. - ANSWER A, B, C
Data is most useful when ______. (Check all that apply.)
A.
it is in machine-readable format.
B.
it lacks clarity.
C.
it increases uncertainty.
,D.
its access is limited to a single person. - ANSWER A
Which of the following are characteristics of useful information? (Check all that apply.)
A.
Biased
B.
Encrypted
C.
Reputable
D.
Accurate - ANSWER C and D
In which business cycle are goods shipped to a customer?
A.
Revenue cycle
B.
Payroll cycle
C.
Expenditure cycle
D.
Production cycle - ANSWER A
A set of related activities that help accomplish a specific organizational goal is called
a(n):
A.
Key decision
B.
Business process
C.
, Transaction
D.
Information need - ANSWER B
Most organizations engage in a small number of a pair of activities that happen many
times. These are called:
A.
Paired transaction exchanges
B.
Revenue-expenditure exchanges
C.
Conflict-congruence exchanges
D.
Give-get exchanges - ANSWER D
Receiving and storing inventory is an activity in which transaction cycle?
A.
Financing
B.
Production
C.
Expenditure
D.
Revenue - ANSWER C
Which of the following statements is (are) true? (Check all that apply.)
A.
ANSWERS 100% CORRECT
Which of the following statements is (are) true? (Check all that apply.)
A.
Most systems are composed of smaller subsystems, each designed to achieve one or
more organizational goals, which support a larger system.
B.
As a rule, users make better decisions as the quantity and quality of information
decreases.
C.
Information costs and benefits can be difficult to quantify.
D.
There are limits to the amount of information the human mind can absorb and process.
E.
The smaller the organization and the less complicated the system, the more difficult it is
to achieve goal congruence. - ANSWER A, C, D
Which of the following statements is (are) true? (Check all that apply.)
A.
Benefits of information include reduced uncertainty, improved decisions, and improved
ability to plan and schedule activities.
B.
The value of information is the cost of producing it minus the benefit produced by the
information.
C.
Information system designers use information technology to help decision makers more
effectively filter and condense information.
,D.
Changes in a subsystem can usually be made without considering the effect on other
subsystems.
E.
Goal conflict occurs when a subsystem achieves its goals while contributing to the
organization's overall goal. - ANSWER A and C
Which of the following statements is (are) true? (Check all that apply.)
A.
Businesses need to collect data about activities that take place, the resources affected
by the activities, and the people who participate in the activity.
B.
It is difficult to determine the value of information before it has been produced and
utilized.
C.
A system is a set of two or more interrelated components that interact to achieve a goal.
D.
Goal congruence occurs when a subsystem's goals are inconsistent with the goals of
another subsystem or with the system as a whole.
E.
Information is facts that are collected, recorded, stored, and processed by an
information system. - ANSWER A, B, C
Data is most useful when ______. (Check all that apply.)
A.
it is in machine-readable format.
B.
it lacks clarity.
C.
it increases uncertainty.
,D.
its access is limited to a single person. - ANSWER A
Which of the following are characteristics of useful information? (Check all that apply.)
A.
Biased
B.
Encrypted
C.
Reputable
D.
Accurate - ANSWER C and D
In which business cycle are goods shipped to a customer?
A.
Revenue cycle
B.
Payroll cycle
C.
Expenditure cycle
D.
Production cycle - ANSWER A
A set of related activities that help accomplish a specific organizational goal is called
a(n):
A.
Key decision
B.
Business process
C.
, Transaction
D.
Information need - ANSWER B
Most organizations engage in a small number of a pair of activities that happen many
times. These are called:
A.
Paired transaction exchanges
B.
Revenue-expenditure exchanges
C.
Conflict-congruence exchanges
D.
Give-get exchanges - ANSWER D
Receiving and storing inventory is an activity in which transaction cycle?
A.
Financing
B.
Production
C.
Expenditure
D.
Revenue - ANSWER C
Which of the following statements is (are) true? (Check all that apply.)
A.
