Answers
Data differs from information in what way? - CORRECT ANSWER✔✔Information is output and
data is input
Which of the following is not a characteristic that makes information useful:
A.Relevant
B. Reliable
C. Timely
D. Inexpensive - CORRECT ANSWER✔✔D
Which of the following is not a means by which information improves decision making:
A. Increasing information overload
B. Reducing uncertainty
C. Providing feedback about the effectiveness of prior decisions
D. Identifying situations that require management action - CORRECT ANSWER✔✔A
What is not an advantage of an ERP:
A. Better access control
B. Simplicity and reduced costs
C. Standardization of procedures and reports
D. Improved monitoring capabilites - CORRECT ANSWER✔✔D
Which of the following is a function of AIS:
, A. Transforming data into useful information
B. Reducing the need to identify a strategy and strategic position
C. Allocating organization resources
D. Automating all decision making - CORRECT ANSWER✔✔A
All of the information about a particular student is stored in what? - CORRECT
ANSWER✔✔Record
What would contain the total value of all the inventory owned by a company? - CORRECT
ANSWER✔✔General Ledger
Which of the following is most likely to be a general ledger control account:
A. Accounts Receiveable
B. Petty Cash
C. Prepaid Rent
D. Retained Earnings - CORRECT ANSWER✔✔A
In which cycle would a company ship goods to their customers? - CORRECT
ANSWER✔✔Revenue Cycle
What are the three conditions for fraud to occur? - CORRECT ANSWER✔✔Rationalization,
Pressure, Opportunity
What causes the majority of computer security problems? - CORRECT ANSWER✔✔Human Error
What are the 3 C's of a successful fraud? - CORRECT ANSWER✔✔Commit, Conceal, Convert