Question 1

The goal of using eXtensible Business Reporting Language (XBLR) in compliance reporting is to ________.

Accepted Answer

A)  develop a common language for all accounting and business reports 
B)  avoid transparency so that financial data are kept confidential 
C)  ensure that only computer programs know the meaning of tagged concepts in reports 
D)  ensure that only humans know the meaning of tagged concepts in reports 
A)  develop a common language for all accounting and business reports 
B)  avoid transparency so that financial data are kept confidential 
C)  ensure that only computer programs know the meaning of tagged concepts in reports 
D)  ensure that only humans know the meaning of tagged concepts in reports

Question 2

A bag manufacturing company had suffered financial losses due to overestimation of demand, which led to overproduction. Which of the following software can help the company prevent such situations in the future?

Accepted Answer

A)  sales force optimization software 
B)  supply chain planning software 
C)  manufacturing execution system 
D)  customer relationship management software 
A)  sales force optimization software 
B)  supply chain planning software 
C)  manufacturing execution system 
D)  customer relationship management software

Question 3

An advantage of electronic data interchange (EDI) is that it ________.

Accepted Answer

A)  does not rely on any proprietary software 
B)  takes very little time to be set up in a company 
C)  enables a company to easily switch partners when required 
D)  improves supply chain performance 
A)  does not rely on any proprietary software 
B)  takes very little time to be set up in a company 
C)  enables a company to easily switch partners when required 
D)  improves supply chain performance

Question 4

An online retail website has a low rate of customer retention. Which of the following would be the most effective way to help the company increase its retention rate?

Accepted Answer

A)  using uninvited pop-up chat to encourage customers to buy products 
B)  using a CRM system to track customer behavior when they visit the site 
C)  promoting the website through conventional advertising to gain visibility 
D)  building seamless financial workflows 
A)  using uninvited pop-up chat to encourage customers to buy products 
B)  using a CRM system to track customer behavior when they visit the site 
C)  promoting the website through conventional advertising to gain visibility 
D)  building seamless financial workflows

Question 5

Which of the following is the primary function of the International Accounting Standards Board (IASB)?

Accepted Answer

A)  representing accountants employed in public sector companies around the world 
B)  representing accountants employed in public sector companies in developed countries 
C)  developing and promoting a single worldwide set of financial reporting standards 
D)  training professional accountants worldwide on ethical accounting practices 
A)  representing accountants employed in public sector companies around the world 
B)  representing accountants employed in public sector companies in developed countries 
C)  developing and promoting a single worldwide set of financial reporting standards 
D)  training professional accountants worldwide on ethical accounting practices

Question 6

Which of the following supply chain management software is used to manage and optimize shipping, logistics, fleet routing, and scheduling?

Accepted Answer

A)  supply chain planning software 
B)  warehouse management software 
C)  transportation management software 
D)  global trade management software 
A)  supply chain planning software 
B)  warehouse management software 
C)  transportation management software 
D)  global trade management software

Question 7

A disadvantage of electronic data interchange (EDI) is that it ________.

Accepted Answer

A)  increases the time required for a product to reach the end customer 
B)  fails to build trust among the partners in a supply chain 
C)  tends to lock partners into their relationship 
D)  is not always reliable and may result in wastage of goods 
A)  increases the time required for a product to reach the end customer 
B)  fails to build trust among the partners in a supply chain 
C)  tends to lock partners into their relationship 
D)  is not always reliable and may result in wastage of goods

Question 8

A good retention management strategy does not promise a fast return on investment.

Accepted Answer

A) True 
 B)False

Question 9

What are the strengths of ERP systems?

Accepted Answer

Despite implementation hurdles, the ERP,

Question 10

Which of the following is true regarding the use of electronic data interchange (EDI) between partner companies in a supply chain?

Accepted Answer

A)  EDI often relies on private networks and proprietary software. 
B)  EDI takes very little time to set up. 
C)  EDI enables companies to easily switch partners when required. 
D)  EDI is more flexible than systems with machine-readable formats. 
A)  EDI often relies on private networks and proprietary software. 
B)  EDI takes very little time to set up. 
C)  EDI enables companies to easily switch partners when required. 
D)  EDI is more flexible than systems with machine-readable formats.

Question 11

Companies pay subscription fees to access a vendor's software in the cloud, via the web, in the case of ________.

Accepted Answer

A)  software-as-a-service (SaaS) products 
B)  remote web-application frameworks 
C)  middleware 
D)  web beacons 
A)  software-as-a-service (SaaS) products 
B)  remote web-application frameworks 
C)  middleware 
D)  web beacons

Question 12

Locations communicated through GPS are accurate within no less than a few kilometers.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following components of the HCM systems would airport managers use for optimizing the task schedules of ground personnel?

Accepted Answer

A)  talent management applications 
B)  service delivery modules 
C)  workforce management modules 
D)  human resources management applications 
A)  talent management applications 
B)  service delivery modules 
C)  workforce management modules 
D)  human resources management applications

Question 14

What is sentiment analysis? Explain, with an example, how it can help businesses.

Accepted Answer

Sentiment analysis is the capability of

Question 15

Which of the following is a metric that is commonly used in CRM?

Accepted Answer

A)  customer satisfaction index 
B)  human capital return on investment 
C)  turnover costs 
D)  demand forecast accuracy 
A)  customer satisfaction index 
B)  human capital return on investment 
C)  turnover costs 
D)  demand forecast accuracy

Question 16

Compliance reports can help identify events that fall outside accepted ranges.

Accepted Answer

A) True 
 B)False

Question 17

________ involves the automatic tagging of unusual events in financial transactions and is used to spot mistakes and fraudulent activities.

Accepted Answer

A)  Exception reporting 
B)  Compliance reporting 
C)  Human capital management 
D)  Electronic data interchange 
A)  Exception reporting 
B)  Compliance reporting 
C)  Human capital management 
D)  Electronic data interchange

Question 18

Fuel prices affect supply chains.

Accepted Answer

A) True 
 B)False

Question 19

Proactive live chats on websites in the customer support context offer considerable savings.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following is calculated by adding the average advertising costs for job postings, agency fees, recruiter's salary and benefits, and relocation expenses for new employees?

Accepted Answer

A)  turnover cost 
B)  cost per hire 
C)  cost of attrition 
D)  retention cost 
A)  turnover cost 
B)  cost per hire 
C)  cost of attrition 
D)  retention cost

The goal of using eXtensible Business Reporting Language (XBLR) in compliance reporting is to ________.

A bag manufacturing company had suffered financial losses due to overestimation of demand, which led to overproduction. Which of the following software can help the company prevent such situations in the future?

An advantage of electronic data interchange (EDI) is that it ________.

An online retail website has a low rate of customer retention. Which of the following would be the most effective way to help the company increase its retention rate?

Which of the following is the primary function of the International Accounting Standards Board (IASB)?

Which of the following supply chain management software is used to manage and optimize shipping, logistics, fleet routing, and scheduling?

A disadvantage of electronic data interchange (EDI) is that it ________.

A good retention management strategy does not promise a fast return on investment.

What are the strengths of ERP systems?

Which of the following is true regarding the use of electronic data interchange (EDI) between partner companies in a supply chain?

Companies pay subscription fees to access a vendor's software in the cloud, via the web, in the case of ________.

Locations communicated through GPS are accurate within no less than a few kilometers.

Which of the following components of the HCM systems would airport managers use for optimizing the task schedules of ground personnel?

What is sentiment analysis? Explain, with an example, how it can help businesses.

Which of the following is a metric that is commonly used in CRM?

Compliance reports can help identify events that fall outside accepted ranges.

________ involves the automatic tagging of unusual events in financial transactions and is used to spot mistakes and fraudulent activities.

Fuel prices affect supply chains.

Proactive live chats on websites in the customer support context offer considerable savings.

Which of the following is calculated by adding the average advertising costs for job postings, agency fees, recruiter's salary and benefits, and relocation expenses for new employees?

Information Systems and People

Information Systems and Strategy

Information and Communications Technologies: The Enterprise Architecture

Databases and DataWarehouses

The Web, E-Commerce, and M-Commerce

Business Intelligence and Decision Making

Collaborating with Technology

Knowledge Management and E-Learning

Ethics, Privacy, and Security

Systems Development and Procurement

Project Management and Strategic Planning

Filters

Exam 5: Information Systems for the Enterprise

The goal of using eXtensible Business Reporting Language (XBLR) in compliance reporting is to ________.

A bag manufacturing company had suffered financial losses due to overestimation of demand, which led to overproduction. Which of the following software can help the company prevent such situations in the future?

An advantage of electronic data interchange (EDI) is that it ________.

An online retail website has a low rate of customer retention. Which of the following would be the most effective way to help the company increase its retention rate?

Which of the following is the primary function of the International Accounting Standards Board (IASB)?

Which of the following supply chain management software is used to manage and optimize shipping, logistics, fleet routing, and scheduling?

A disadvantage of electronic data interchange (EDI) is that it ________.

A good retention management strategy does not promise a fast return on investment.

What are the strengths of ERP systems?

Which of the following is true regarding the use of electronic data interchange (EDI) between partner companies in a supply chain?

Companies pay subscription fees to access a vendor's software in the cloud, via the web, in the case of ________.

Locations communicated through GPS are accurate within no less than a few kilometers.

Which of the following components of the HCM systems would airport managers use for optimizing the task schedules of ground personnel?

What is sentiment analysis? Explain, with an example, how it can help businesses.

Which of the following is a metric that is commonly used in CRM?

Compliance reports can help identify events that fall outside accepted ranges.

________ involves the automatic tagging of unusual events in financial transactions and is used to spot mistakes and fraudulent activities.

Fuel prices affect supply chains.

Proactive live chats on websites in the customer support context offer considerable savings.

Which of the following is calculated by adding the average advertising costs for job postings, agency fees, recruiter's salary and benefits, and relocation expenses for new employees?

Information Systems and People

Information Systems and Strategy

Information and Communications Technologies: The Enterprise Architecture

Databases and DataWarehouses

The Web, E-Commerce, and M-Commerce

Business Intelligence and Decision Making

Collaborating with Technology

Knowledge Management and E-Learning

Ethics, Privacy, and Security

Systems Development and Procurement

Project Management and Strategic Planning

Filters