AIS EXAM Guide 2025 With 100%
Correct Answers
System - CORRECT ANSWER✔✔is a group of interacting or interrelated elements that act
according to a set of rules to form a unified whole.
Information system - CORRECT ANSWER✔✔is a set of interrelated components working
together to collect, process, store and disseminate information to support decision making
Transaction Processing System (TPS) - CORRECT ANSWER✔✔manage process that begins with
capturing transaction data and ends with information output
Management Information Systems (MIS) - CORRECT ANSWER✔✔provide reports to help make
daily business decisions
Decision Support System (DSS) - CORRECT ANSWER✔✔use decision models and specialized
databases (often interactive tools) to support specific, non-routine information requests
Expert Systems (ES) - CORRECT ANSWER✔✔require the development of a knowledge base and
makes the decision for users
Executive Information Systems (EIS) - CORRECT ANSWER✔✔used only by senior managers; help
with strategic decisions; often contain graphics
What is accounting? - CORRECT ANSWER✔✔planning, recording, analyzing, and interpreting
financial information to permit judgements and decisions
, Business Model - CORRECT ANSWER✔✔a design for the successful operation of a business,
identifying revenue sources, customer base, products, and details of financing
Business process: - CORRECT ANSWER✔✔a group of related task designed to accomplice a
concrete business goal.
Basic Business Model includes - CORRECT ANSWER✔✔Acquisitions and payments processes,
Conversion processes and Marketing, sales and collections processes
Cycles within Acquisitions and Payments - CORRECT ANSWER✔✔Finance, Expenditure and
HR/Payroll
Cycles within Conversion - CORRECT ANSWER✔✔Production
Cycles within Marketing, sales and Collections - CORRECT ANSWER✔✔Revenue Cycle
EX of Business process: Ship goods to credit customer - CORRECT ANSWER✔✔Sales and
collection -sales
EX of Business process: Pay hourly employees for the week - CORRECT ANSWER✔✔Acquisition
and payment - payrol
EX of Business process: Sell goods for cash - CORRECT ANSWER✔✔Sales and collection
EX of Business process: Order a new factory machine - CORRECT ANSWER✔✔Acquisition and
payment - acquisition
EX of Business process: Receive raw materials from vendor - CORRECT ANSWER✔✔Acquisition
and payment - acquisition
Correct Answers
System - CORRECT ANSWER✔✔is a group of interacting or interrelated elements that act
according to a set of rules to form a unified whole.
Information system - CORRECT ANSWER✔✔is a set of interrelated components working
together to collect, process, store and disseminate information to support decision making
Transaction Processing System (TPS) - CORRECT ANSWER✔✔manage process that begins with
capturing transaction data and ends with information output
Management Information Systems (MIS) - CORRECT ANSWER✔✔provide reports to help make
daily business decisions
Decision Support System (DSS) - CORRECT ANSWER✔✔use decision models and specialized
databases (often interactive tools) to support specific, non-routine information requests
Expert Systems (ES) - CORRECT ANSWER✔✔require the development of a knowledge base and
makes the decision for users
Executive Information Systems (EIS) - CORRECT ANSWER✔✔used only by senior managers; help
with strategic decisions; often contain graphics
What is accounting? - CORRECT ANSWER✔✔planning, recording, analyzing, and interpreting
financial information to permit judgements and decisions
, Business Model - CORRECT ANSWER✔✔a design for the successful operation of a business,
identifying revenue sources, customer base, products, and details of financing
Business process: - CORRECT ANSWER✔✔a group of related task designed to accomplice a
concrete business goal.
Basic Business Model includes - CORRECT ANSWER✔✔Acquisitions and payments processes,
Conversion processes and Marketing, sales and collections processes
Cycles within Acquisitions and Payments - CORRECT ANSWER✔✔Finance, Expenditure and
HR/Payroll
Cycles within Conversion - CORRECT ANSWER✔✔Production
Cycles within Marketing, sales and Collections - CORRECT ANSWER✔✔Revenue Cycle
EX of Business process: Ship goods to credit customer - CORRECT ANSWER✔✔Sales and
collection -sales
EX of Business process: Pay hourly employees for the week - CORRECT ANSWER✔✔Acquisition
and payment - payrol
EX of Business process: Sell goods for cash - CORRECT ANSWER✔✔Sales and collection
EX of Business process: Order a new factory machine - CORRECT ANSWER✔✔Acquisition and
payment - acquisition
EX of Business process: Receive raw materials from vendor - CORRECT ANSWER✔✔Acquisition
and payment - acquisition
