MISY 5325 ACTUAL EXAM QUESTIONS AND
COMPLETE STUDY GUIDE 2026
▶ Watch Window? Answer:Located in the Formula Auditing group, allows
the user to observe the values of cells included in the Watch Window box
list
▶▶ An information system can be defined technically as a set of
interrelated components that collect, process, store, and distribute
information to support which of the following ? Answer: decision making
and control in a organization
▶ the four changes that present challenges in management information
systems include the growth of cloud computing the use of big data and
internet of things , the mobile platform, and the application of ____ to help
managers understand their business and products Answer: artificial
intelligence
▶ new _____ require that accountants have intimate knowledge of
databases, reporting systems, and networks to trace financial transactions
Answer: public laws
▶ for pcl construction implementing new info technologies ____ Answer:
changed its business operations
▶ worldwide non us expenditures for info technology exceeded ____ trillion
in 2019 Answer: 3.8
▶ With new laws requiring the storage of emails and other important
documents, estimates of information systems storage now exceeds
4.7____ Answer: zettabytes
▶ which of the following is a business driver which focuses on ways to
achieve better efficiencies to increase profits Answer: operational
excellence
, ▶ if a business competitor introduces and effective product or service, your
need to follow is considered an example of which business driver Answer:
survival
▶ operational excellence Answer: Improvement of efficiency to attain
higher profitability
▶ business invest in IT to achieve 6 important business objectives Answer:
1. operational excellence
2. new products
3. customer and supplier intimacy
4. improved decision making
5. competitive advantage
6. survival
▶ Customer and supplier intimacy Answer: -Customers who are served
well become repeat customers who purchase more
-Close relationships with suppliers result in lower costs
▶ Improved decision making Answer: Real time data improves ability of
managers to make decisions
▶ info technology Answer: the hardware and software that enable info to
be stored, retrieved, communicated, and managed
▶ info stysemt Answer: interrelated components that manage info
▶ data Answer: streams of raw facts
▶ info Answer: data shaped into meaningful, useful form
▶ 4 basic business functions Answer: 1. Manufacturing and Production
2. Sales and Marketing
3. Finance and Accounting
4. Human Resources
▶ 5 basic business entities Answer: 1. Suppliers
2. Customers
3. Employees
4. Invoices/payments
5. Products and services
COMPLETE STUDY GUIDE 2026
▶ Watch Window? Answer:Located in the Formula Auditing group, allows
the user to observe the values of cells included in the Watch Window box
list
▶▶ An information system can be defined technically as a set of
interrelated components that collect, process, store, and distribute
information to support which of the following ? Answer: decision making
and control in a organization
▶ the four changes that present challenges in management information
systems include the growth of cloud computing the use of big data and
internet of things , the mobile platform, and the application of ____ to help
managers understand their business and products Answer: artificial
intelligence
▶ new _____ require that accountants have intimate knowledge of
databases, reporting systems, and networks to trace financial transactions
Answer: public laws
▶ for pcl construction implementing new info technologies ____ Answer:
changed its business operations
▶ worldwide non us expenditures for info technology exceeded ____ trillion
in 2019 Answer: 3.8
▶ With new laws requiring the storage of emails and other important
documents, estimates of information systems storage now exceeds
4.7____ Answer: zettabytes
▶ which of the following is a business driver which focuses on ways to
achieve better efficiencies to increase profits Answer: operational
excellence
, ▶ if a business competitor introduces and effective product or service, your
need to follow is considered an example of which business driver Answer:
survival
▶ operational excellence Answer: Improvement of efficiency to attain
higher profitability
▶ business invest in IT to achieve 6 important business objectives Answer:
1. operational excellence
2. new products
3. customer and supplier intimacy
4. improved decision making
5. competitive advantage
6. survival
▶ Customer and supplier intimacy Answer: -Customers who are served
well become repeat customers who purchase more
-Close relationships with suppliers result in lower costs
▶ Improved decision making Answer: Real time data improves ability of
managers to make decisions
▶ info technology Answer: the hardware and software that enable info to
be stored, retrieved, communicated, and managed
▶ info stysemt Answer: interrelated components that manage info
▶ data Answer: streams of raw facts
▶ info Answer: data shaped into meaningful, useful form
▶ 4 basic business functions Answer: 1. Manufacturing and Production
2. Sales and Marketing
3. Finance and Accounting
4. Human Resources
▶ 5 basic business entities Answer: 1. Suppliers
2. Customers
3. Employees
4. Invoices/payments
5. Products and services
