Exam 6: Information Systems Concepts

Liam has developed a good process for safeguarding his company's information technology assets.He has talked about his methodology with some of his co-workers and has created a schedule for applying his process to various kinds of information technology assets.Using the capability maturity model, the process is best described as:

Which of the following statements best represents a disadvantage of using the systems development life cycle?

Raul was leading a team charged with developing a new system for budgeting.The formation of the team indicates that which step of the SDLC has been completed?

Raul was leading a team charged with developing a new system for budgeting.He created Excel templates for the new budgeting process and presented them to the team during its first meeting.Which of the following statements is most true?

At what level of the capability maturity model are managers first involved?

Which of the following statements would you expect to read in a company memo arguing against the use of the systems development life cycle as a form of internal control?

Sylla and Wen suggested a three-stage process for evaluating information technology investments.Which step in the process is most closely aligned with the "internal environment" component of the COSO internal control and enterprise risk management frameworks?

Raul was leading a team charged with developing a new system for budgeting.At what point will the system be ready for the fifth step in the systems development life cycle?

Consider the table below as you respond to the questions: Which of the following is the best choice for Item B in the table?

Robert is the president and CEO of Computer Solutions; the firm's main activity is installing enterprise resource planning software.When a client calls Robert, he does an "intake interview" where he assesses the client's needs and learns about their company.Robert tries to interview at least a dozen people at each client, including top management and mid- and lower-level employees.In the preceding case, who would complete the first step in the systems development life cycle?

Macro-level factors to consider when choosing information technology for the accounting information system include: (i) need, (ii) cost, (iii) strategic fit.

Consider the table below as you respond to the questions: Which of the following is the best choice for Item C in the table?

Liam had developed a good process for safeguarding his company's information technology assets, but had not shared it with anyone else in the company.To move the process up one level in the capability maturity model, Liam should:

Which of the following statements would you expect to read in a company memo advocating the use of the systems development life cycle to select general ledger software?

Liam has developed a good process for safeguarding his company's information technology assets.He has completed the following actions with respect to the process: (i) talked about his methodology with some of his co-workers, (ii) created a schedule for applying his process to various kinds of information technology assets, (iii) explained how his process relates to similar processes in his company.Based on the capability maturity model, the process would best be described as:

In the systems development life cycle, which step immediately follows requirements analysis?

Please consider these independent cases as you respond to the question: • Austin is the managing partner of a small CPA firm.In an effort to standardize certain internal business processes, Austin formed a team that developed a set of guidelines for tasks such as expense reimbursements and information technology purchases.After developing the guidelines, the team devised ways to determine if the processes are performing as expected.• Julie is the chief financial officer of PSC Corporation.She recently worked with a team to develop a broad set of principles that should characterize PSC's business processes.The team has applied those principles to some tasks in the accounting department; their next task is to teach other PSC employees about the principles.• Rob is an accountant at CTR Company.The owners of CTR, Lynn and Mark, don't know much about accounting, so Rob completes accounting tasks in whatever way seems best to him.Which level of the capability maturity model best describes Julie's company?

Robert is the president and CEO of Computer Solutions; the firm's main activity is installing enterprise resource planning software.When a client calls Robert, he does an "intake interview" where he assesses the client's needs and learns about their company.Robert tries to interview at least a dozen people at each client, including top management and mid- and lower-level employees.The interviews Robert conducts with his clients are an example of which stage of the systems development life cycle?

In the systems development life cycle, which step immediately precedes implementation?

Consider the table below as you respond to the questions: Which of the following is the best choice for Item G in the table?