Question 1

A(n) _________ is a formal examination of a company, department or individual's accounts or financial standing.

Accepted Answer

The answer of A(n) _________ is a formal examination of...

Question 2

Real-time controls are often referred to as screening controls.

Accepted Answer

A) True 
 B)False

Question 3

Matching
-Screening Control

Accepted Answer

A) A statement that lists revenue, assets and liabilities for a company during a particular time frame 
B) uses internal and external data to aid in the decision-making process with regards to organizational performance 
C) provides a flow of information to include accounting, manufacturing, customer relationship management, sales and service 
D) used to take corrective measures based on feedback during a process should barriers arise 
E) summary of revenue gained during a specific time period, usually listed by month
F)incorporate people, technology and information systematically
G)computer-based information system that helps organizations with their decision-making process
H)a summary that lists the revenue and liabilities for a company during a particular time frame
I)measures that identify potential deficiencies before they occur
J)used to assess results after a process is complete in order to provide information for future planning 
A) A statement that lists revenue, assets and liabilities for a company during a particular time frame 
B) uses internal and external data to aid in the decision-making process with regards to organizational performance 
C) provides a flow of information to include accounting, manufacturing, customer relationship management, sales and service 
D) used to take corrective measures based on feedback during a process should barriers arise 
E) summary of revenue gained during a specific time period, usually listed by month
F)incorporate people, technology and information systematically
G)computer-based information system that helps organizations with their decision-making process
H)a summary that lists the revenue and liabilities for a company during a particular time frame
I)measures that identify potential deficiencies before they occur
J)used to assess results after a process is complete in order to provide information for future planning

Question 4

Explain the basic concept of a Management Information System and provide three examples describing the characteristics of each.

Accepted Answer

Management information system (MIS)</

Question 5

Which of the following is used to predict profits and spending for financing forecasts?

Accepted Answer

A) audit 
B) budget 
C) ratio analysis 
D) ERP 
A) audit 
B) budget 
C) ratio analysis 
D) ERP

Question 6

Matching
-Post-action control

Accepted Answer

A) A statement that lists revenue, assets and liabilities for a company during a particular time frame 
B) uses internal and external data to aid in the decision-making process with regards to organizational performance 
C) provides a flow of information to include accounting, manufacturing, customer relationship management, sales and service 
D) used to take corrective measures based on feedback during a process should barriers arise 
E) summary of revenue gained during a specific time period, usually listed by month
F)incorporate people, technology and information systematically
G)computer-based information system that helps organizations with their decision-making process
H)a summary that lists the revenue and liabilities for a company during a particular time frame
I)measures that identify potential deficiencies before they occur
J)used to assess results after a process is complete in order to provide information for future planning 
A) A statement that lists revenue, assets and liabilities for a company during a particular time frame 
B) uses internal and external data to aid in the decision-making process with regards to organizational performance 
C) provides a flow of information to include accounting, manufacturing, customer relationship management, sales and service 
D) used to take corrective measures based on feedback during a process should barriers arise 
E) summary of revenue gained during a specific time period, usually listed by month
F)incorporate people, technology and information systematically
G)computer-based information system that helps organizations with their decision-making process
H)a summary that lists the revenue and liabilities for a company during a particular time frame
I)measures that identify potential deficiencies before they occur
J)used to assess results after a process is complete in order to provide information for future planning

Question 7

_______________ gives computers the ability to seemingly possess human intelligence and act accordingly to process information.

Accepted Answer

Artificial

Question 8

In an ESS, data can be displayed in various formats.

Accepted Answer

A) True 
 B)False

Question 9

Another name for Planning control is:

Accepted Answer

A) Preliminary control 
B) Screening control 
C) Real-time control 
D) Post-action control 
A) Preliminary control 
B) Screening control 
C) Real-time control 
D) Post-action control

Question 10

The development, maintenance, and use of computer systems, software, and networks for the processing and distribution of data is:

Accepted Answer

A) IT 
B) MIS 
C) DSS 
D) ESS 
A) IT 
B) MIS 
C) DSS 
D) ESS

Question 11

________ provides a flow of information by holding data from across all departments of an organization.

Accepted Answer

A) MIS 
B) ESS 
C) ERP 
D) DSS 
A) MIS 
B) ESS 
C) ERP 
D) DSS

Question 12

The dimensions of management information systems are people, technology, and information.

Accepted Answer

A) True 
 B)False

Question 13

A(n) __________ is the chief accounting officer within an organization that helps control finances.

Accepted Answer

The answer of A(n) __________ is the chief accounting officer...

Question 14

The fewer controls an organization has in place, the more smoothly the organization will run.

Accepted Answer

A) True 
 B)False

Question 15

A balance sheet is a type of financial statement.

Accepted Answer

A) True 
 B)False

A(n) _________ is a formal examination of a company, department or individual's accounts or financial standing.

Real-time controls are often referred to as screening controls.

Matching -Screening Control

Explain the basic concept of a Management Information System and provide three examples describing the characteristics of each.

Which of the following is used to predict profits and spending for financing forecasts?

Matching -Post-action control

_______________ gives computers the ability to seemingly possess human intelligence and act accordingly to process information.

In an ESS, data can be displayed in various formats.

Another name for Planning control is:

The development, maintenance, and use of computer systems, software, and networks for the processing and distribution of data is:

________ provides a flow of information by holding data from across all departments of an organization.

The dimensions of management information systems are people, technology, and information.

A(n) __________ is the chief accounting officer within an organization that helps control finances.

The fewer controls an organization has in place, the more smoothly the organization will run.

A balance sheet is a type of financial statement.

Management in the 21st Century

The Evolution of Management

Critical Thinking for Managers

Organizations and Change Management

Diversity in a Global Economy

Ethics and Social Responsibility

Making Better Decisions

Setting Goals

Designing Strategies

Structuring Organizations

The Human Side of Management

Managing Team Performance

Managing As Leaders

Understanding Individual Behavior

Communicating and Motivating Others

Performance Development

Entrepreneurship and Innovation

Filters

Exam 16: Information and Operations

A(n) _________ is a formal examination of a company, department or individual's accounts or financial standing.

Real-time controls are often referred to as screening controls.

Matching -Screening Control

Explain the basic concept of a Management Information System and provide three examples describing the characteristics of each.

Which of the following is used to predict profits and spending for financing forecasts?

Matching -Post-action control

_______________ gives computers the ability to seemingly possess human intelligence and act accordingly to process information.

In an ESS, data can be displayed in various formats.

Another name for Planning control is:

The development, maintenance, and use of computer systems, software, and networks for the processing and distribution of data is:

________ provides a flow of information by holding data from across all departments of an organization.

The dimensions of management information systems are people, technology, and information.

A(n) __________ is the chief accounting officer within an organization that helps control finances.

The fewer controls an organization has in place, the more smoothly the organization will run.

A balance sheet is a type of financial statement.

Management in the 21st Century

The Evolution of Management

Critical Thinking for Managers

Organizations and Change Management

Diversity in a Global Economy

Ethics and Social Responsibility

Making Better Decisions

Setting Goals

Designing Strategies

Structuring Organizations

The Human Side of Management

Managing Team Performance

Managing As Leaders

Understanding Individual Behavior

Communicating and Motivating Others

Performance Development

Entrepreneurship and Innovation

Filters