Deck 3: Electronic Business E-Business Systems

Question 1

E-Business is the application of electronic networks (including the Internet) to exchange information and link business processes among organizations and/or individuals.

Answer 1

True

Question 2

Immediate mode is the data processing mode in which there is significant delay between two data processing steps.

Answer 2

False

Question 3

Batch processing is the aggregation of several business events over some period of time with the subsequent processing of these data as a group by the information system.

Answer 3

True

Question 4

The Internet is a massive interconnection of computer networks worldwide that enables communication between dissimilar technology platforms.

Question 5

A computer configuration in which certain equipment is directly connected to the computer is said to be online.

Question 6

Client/server technology is the physical and logical division between user-oriented application programs that are run at the user level and the shared data that must be available through a common database.

Question 7

OLRT systems gather business event data at the time of occurrence, update the master data essentially instantaneously, and provide the results arising from the event within a very short amount of time.

Question 8

Processes that include distribution, manufacturing, and accounting software operations are front office processes.

Question 9

A device that is not directly connected to the processing computer is referred to as an online device.

Question 10

Batch mode is the data processing mode in which there is little or no delay between any two data processing steps.

Question 11

VANs are communication networks that link together several different local user machines with printers, databases, and other shared devices.

Question 12

Data maintenance refers to the recording of business event data and transactions.

Question 13

Master data are repositories of relatively permanent data maintained over an extended period of time.

Question 14

Web browsers are software programs designed specifically to allow users to view the various documents and data sources available on the Internet.

Question 15

Standing data is relatively permanent data stored in master data.

Question 16

LANs are communication networks that link up distributed users and local networks into an integrated communication network.

Question 17

Information processing includes data processing functions related to accounting events, internal operations and financial statement preparation.

Question 18

Periodic mode is the data processing mode in which there can be a significant delay between two data processing steps.

Question 19

Adding, deleting, or replacing standing data is called transaction processing.

Question 20

In an OLTE system, use of data entry devices allows business event data to be entered directly into the information system at the time and place that the event occurs.

Question 21

The AICPA Internet assurance program that includes a certification and seal is called VeriSign.

Question 22

Internet assurance is a service provided for a fee to vendors in order to provide a limited endorsement to users of the vendor's web site that the site is in fact reliable and event data security is reasonable.

Question 23

EDM is the computer-to-computer exchange of business data in structured formats that allow direct processing of those electronic documents by the receiving computer system.

Question 24

Extranet auction markets provide an Internet base for companies to place products up for bid or for buyers to put proposed purchases up for bid.

Question 25

A byproduct of e-business is

A)elimination of sales staff
B)increase in accounting staff
C)production of hard copy reports
D)increased errors

Question 26

Applications such as ANSI (X12), and EDIFACT are referred to as transaction software.

Question 27

The vast majority of e-Business is

A)business to customer
B)customer to customer
C)business to business
D)none of the above

Question 28

E-mail is the electronic transmission of nonstandardized messages between two individuals who are linked via a communications network.

Question 29

Internet commerce is computer-to-computer exchange of business event data in structured or semi-structured formats via Internet communication that allows the initiation and consummation of business events.

Question 30

EDI is the capture, storage, management, and control of electronic document images for the purpose of supporting management decision making and facilitating business event processing.

Question 31

A private data base service allows all subscribers to access and search external databases, usually through the Internet or other network connection.

Question 32

Increased efficiency in the purchasing function from e-Business includes

A)the seller soliciting pricing
B)automatic price checking by the computer
C)decreased electronic based business events
D)none of the above

Question 33

A type of intranet, which has been extended to limited external access, is referred to as an extranet.

Question 34

Internet market exchanges enable suppliers to put their products online, by feeding into electronic catalogs that sort through alternatives from different suppliers and electronically place an order.

Question 35

Electronic store fronts are Internet-located resources for displaying goods and services for sale and for conducting related sales transactions.

Question 36

SPAM is unsolicited non-document mail that has largely been eliminated.

Question 37

VAN service acts as the EDI "postman."

Question 38

Network providers are companies that provide a link into the Internet by making their directly connected networks available for access by fee-paying customers.

Question 39

The benefits of electronic document management include improved staff productivity, reduced cost of handling and storing paper and faster processing.

Question 40

Back office functions include:

A)customer interface
B)supplier interface
C)purchasing
D)accounting

Question 41

Systems that gather business event data at the time of occurrence, update the master data essentially instantaneously, and provide the results arising from the business event within a very short amount of time are referred to as:

A)OLTE
B)OLRT
C)ORLT
D)OLTP

Question 42

An online transaction entry (OLTE) system merges the traditional subprocesses of:

A)business event occurs and record business event data
B)business event occurs and update master data
C)business event occurs and generate outputs
D)record business event data and update master data

Question 43

The correct sequence of events for an automated equivalent to a manual system is

A)business event occurs, update master data, record business event data, generate output
B)business event occurs, generate output, update master data, record business event data
C)business event occurs, record business event data, update master data, generate output
D)none of the above

Question 44

The technology that is the physical and logical division between user-oriented application programs that are run at the client level and the shared data that must be available through a separate computer that handles centrally shared activities is:

A)online real-time technology
B)client server technology
C)online transaction processing technology
D)online transaction entry

Question 45

The processing mode in which there is no or little delay between the various data processing steps is referred to as:

A)imperial mode
B)periodic mode
C)immediate mode
D)passive mode

Question 46

According to the text, these include relatively permanent portions of master data

A)business event data
B)maintenance data
C)master data
D)standing data

Question 47

The processing mode in which there is a delay between the various data processing steps is referred to as:

A)imperial mode
B)periodic mode
C)immediate mode
D)passive mode

Question 48

Digital image processing systems are capable of performing all of the following except:

A)capture of data
B)storage of data
C)retrieval of data
D)creation of data

Question 49

The system that enables users of an ERP system to view source documents from any location is:

A)electronic data interchange
B)local area network
C)digital image processing
D)electronic commerce

Question 50

A system that supports constantly up to date reporting of data is

A)OLTE
B)OLRT
C)ORLT
D)OLTP

Question 51

By selling tickets over the Internet, airlines have

A)increased commissions paid to travel agents
B)been able to indirectly reach customers
C)been able to discontinue paying commissions to travel agents
D)none of the above

Question 52

According to the text, these are repositories of relatively permanent data maintained over an extended period of time

A)business event data
B)data maintenance
C)master data
D)standing data

Question 53

In a ____ system, use of data entry devices allows business event data to be entered directly into the information system at the time and place the business event occurs

A)OLTE
B)OLTD
C)periodic
D)RFID

Question 54

A disadvantage of periodic mode systems is

A)online master data are only up to date right after the processing has been completed
B)users can require on-demand reports from the system that are updated in real time
C)query capability always exists to extract up to date data
D)data is updated after every transaction

Question 55

A disadvantage of the periodic mode is:

A)completeness
B)accuracy
C)validity
D)timeliness

Question 56

Suggesting items to Internet customers based on their buying patterns

A)is from the collection and analysis of customer purchase data
B)is known as "shop at one location"
C)has increased inventory levels
D)none of the above

Question 57

Online catalogs can be viewed through a(n):

A)browser
B)compiler
C)plug-in
D)viewer

Question 58

According to the text, these represent the "book of original entry"

A)business event data
B)data maintenance
C)master data
D)standing data

Question 59

According to the text, this includes functions related to accounting events, internal operations and financial statement preparation

A)batch processing
B)information processing
C)periodic processing
D)data maintenance

Question 60

In batch processing, business event data are usually entered by using a(n):

A)imaging device
B)inline device
C)offline device
D)point of sale (POS) device

Question 61

To implement a secure EDI system between two or more companies, they might use a(n):

A)OLTE
B)VAN
C)OLTP
D)OLRT

Question 62

Which of the following is not a cost of EDI?

A)buying or leasing of hardware and software
B)training employees
C)responsiveness to customers' needs
D)reengineering applications

Question 63

Which of the following is not a benefit of electronic data interchange (EDI)?

A)enables continued business with certain business partners
B)improved responsiveness to customers' needs
C)providing timely and accurate data
D)training employees

Question 64

____ is (are) communication networks that link several different local user machines with printers, databases, and other shared devices.

A)WANs
B)client server technology
C)LANs
D)The Internet

Question 65

____________________ includes activities related to adding, deleting, or replacing the standard data portions of master data.

Question 66

Which of the following Internet applications would not be categorized as a customer relationship management system?

A)A customer can check their outstanding balance.
B)A customer can design the product.
C)A customer can download a software upgrade.
D)A customer can determine the status or location of a product shipment.

Question 67

____________________ represent the books of original entry used for recording most business events.

Question 68

The risks to a business of Internet commerce include all of the following except:

A)technological advances quickly antiquate hardware installations
B)hackers may attempt to access sensitive information
C)individuals or organizations may attempt to overload the system, preventing legitimate customers from accessing the site
D)business partners have access to sensitive information

Question 69

In EDI, the software that includes the purchasing system at the origin and the order entry system at the destination is known as

A)OLTE
B)VAN
C)the communications network
D)application software

Question 70

The benefits of electronic document management include all of the following except:

A)improved staff productivity
B)reduced computer processing requirements
C)reduced cost of handling and storing paper
D)faster processing

Question 71

Which of the following is not a benefit of Internet commerce?

A)maintaining security of the Internet site
B)improved responsiveness to customers' needs
C)survival in a competitive industry
D)global penetration

Question 72

Which of the following is not a cost of electronic data interchange (EDI)?

A)entering data only once
B)training employees
C)buying and leasing hardware and software
D)reengineering affected applications

Question 73

Processes that include distribution, manufacturing, and accounting software operations are ____________________ processes.

Question 74

Electronic document management (EDM) includes all of the following except:

A)capturing document images
B)controlling document images
C)storing document images
D)all of the above are included in EDM

Question 75

Benefits of electronic data management (EDM) include all of the following except

A)reduced cost of handling and storing paper
B)improved staff productivity
C)faster processing
D)less disk storage

Question 76

____________________ are repositories of relatively permanent data maintained over an extended period of time.

Question 77

Which of the following are the two primary categories of E-Business over the web?

A)Client and server relationships
B)Networks and network providers
C)Assurance providers and vendors
D)B2B & B2C

Question 78

WebTrust is a(n):

A)e-mail program
B)Internet provider
C)Internet assurance service
D)electronic document management program

Question 79

The involvement of two or more individuals and/or organizations in the completion of electronic-based business events is referred to as ____________________.

Question 80

The fastest-growing segment of electronic commerce is:

A)electronic mail
B)electronic document management
C)electronic data interchange
D)Internet commerce