BUSI 2400 C2 Certification Review Exam Questions And Answers Guaranteed Pass.

Business processes are synonymous with business systems. (T/F) - correct answer T The inventory management process includes placing orders and receiving goods into inventory. (T/F) - correct answer T In the payment process, the invoice is compared to the purchase order. (T/F) - correct answer T A business process consists of activities, resources, facilities, and information. (T/F) - correct answer T Any item of value can be considered to be a potential resource for a business process (T/F) - correct answer T Activities transform resources and data into different kinds of resources and data. (T/F) - correct answer F An inventory database would be considered to be an example of a facility in the inventory management process. (T/F) - correct answer T The fact that it rained 1.2 inches today is an example of information. (T/F) - correct answer F The fact that the sun rose this morning at 6:25 a.m. is an example of data. (T/F) - correct answer D Data is another word for information. (T/F) - correct answer F When data is presented with a meaningful context, it becomes information. (T/F) - correct answer T The information that is the output of one process can be viewed as a data input to another process. (T/F) - correct answer T Each activity within a business process must use one, and only one, information system. (T/F) - correct answer F It is good business practice for a payment activity to have a single person assigned to approve payments and generate checks. (T/F) - correct answer F Strategic decisions involve long term actions whose consequences may not be realized for years. (T/F) - correct answer T A structured decision involves an understood and accepted method for making the decision. (T/F) - correct answer T A transaction processing system helps managers allocate and utilize resources. (T/F) - correct answer F During intelligence gathering, the decision makers determine what is to be decided, what the criteria for the decision will be, and what data are available. (T/F) - correct answer T While weather is an unstructured phenomenon, weather forecasting is an example of structured decision making. (T/F) - correct answer T The quality of your thinking is a large part of the quality of the information system (T/F) - correct answer T The review step may lead to another decision and another iteration of the decision making process. (T/F) - correct answer T Your mind and your thinking are not merely a component of the information systems you use; they are the most important component. (T/F) - correct answer T Information needs to be just barely sufficient for the purpose for which it is generated. (T/F) - correct answer T For information to be worth its cost, there must be an appropriate relationship between the cost of information and its value. (T/F) - correct answer T An activity is considered to be automated when it is characterized by people following procedures. (T/F) - correct answer F In an information systems framework, software and procedure components are both sets of instructions. (T/F) - correct answer T In the five-component framework of information systems, the actors are hardware and people. (T/F) - correct answer T Automation moves work from the software component to the hardware component. (T/F) - correct answer F A business process is A) a network of activities used to accomplish business goals. B) a set of required steps in a production process. C) a network of activities, resources, facilities, and information that interact to achieve some business function. D) a set of activities in a value chain. E) a set of activities in a supply chain. - correct answer C An information system must produce information that is A) worth its cost, relevant, barely sufficient, and accurate. B) relevant, timely, all encompassing, and worth its cost. C) just barely sufficient, only a year old, and worth its cost. D) timely and accurate. E) accurate and worth its cost. - correct answer A Which of the following are characteristics of good information? A) Worth its cost, timely, relevant, all encompassing B) Timely, expensive but complete, relevant C) Relevant, not many important errors, worth its cost D) Timely, expensive but complete, accurate E) Timely, relevant, worth its cost, barely sufficient, accurate - correct answer E Relevant information refers to information that is A) worth the value paid to generate it. B) useful to both the context and the subject at hand. C) good for the purpose for which it is generated. D) produced in time for its intended use. E) correct and complete. - correct answer B Just barely sufficient information refers to information that is A) correct and complete. B) produced in time for its intended use. C) good for the purpose for which it is generated. D) not useful to the decision being made. E) useful to both the context and the subject at hand. - correct answer C "Worth its cost" refers to information A) that is produced in time for its intended use. B) that is good for the purpose for which it is generated. C) that is collected in a low-cost manner. D) that has an appropriate relationship between its cost and its value. E) that is useful to both the context and the subject at hand. - correct answer D Operational decisions refer to A) the control of resources and activities over a time period of less than one month. B) day-to-day activities. C) an understood and accepted method for making decisions. D) the allocation and utilization of resources. E) broader-scope, organizational issues. - correct answer B Managerial decisions refer to A) day-to-day activities. B) broader-scope, organizational issues. C) an understood and accepted method for making decisions. D) the allocation and utilization of resources. E) the control of resources and activities. - correct answer D Strategic decision refer to A) the allocation and utilization of resources. B) broader-scope, organizational issues. C) day-to-day activities. D) transactions details. E) an understood and accepted method for making decisions. - correct answer B A Transaction Processing System supports A) transactional decisions. B) operational decisions. C) strategic decisions. D) executive decisions. E) managerial decisions. - correct answer B A Management Information System supports A) operational decisions. B) managerial decisions. C) strategic decisions. D) unstructured decisions. E) executive decisions. - correct answer B Operational decisions involve A) long term actions. B) short term actions. C) allocation of resources. D) product line development. E) staffing quotas. - correct answer B An understood and accepted method for making decisions is used to make A) managerial decisions. B) operational decisions. C) strategic decisions. D) executive decisions. E) structured decisions. - correct answer E An unstructured decision making process A) is one for which there is an agreed upon decision-making method. B) is one for which there is no documentation required. C) is one for which there are no structured steps. D) is one for which there are no formal procedures. E) is one for which there is no agreed-on decision-making method. - correct answer E The step in a decision making process where decision markers determine what is to be decided, what the criteria for the decision will be, and what data are available is called A) alternatives formulation. B) decision analysis. C) intelligence gathering. D) the review step. E) the choice step. - correct answer C The stage in a decision making process where decision makers lay out various alternatives is called A) decision analysis. B) intelligence gathering. C) alternatives formulation. D) the choice step. E) the review step. - correct answer C The stage in a decision making process which a decision maker analyzed the alternatives and selected one is called A) alternatives formulation. B) the choice step. C) intelligence gathering. D) decision step. E) the review step. - correct answer B An activity can be defined as A) the carrying out of a business procedure. B) a series of steps in a business process. C) an action that supports a business strategy. D) transforming resources and information of one type into resources and information of another type. E) action performed by an actor. - correct answer D Items of value are referred to as A) money. B) valuables. C) resources. D) facilities. E) equipment. - correct answer C The HELM system improves efficiency by eliminating A) computers aboard tugboats. B) multiple dispatcher log sheets. C) multiple data entries for each job. D) accurate paper work. E) the large number of people involved in completing a job. Answer: C - correct answer C Knowledge derived from data can be described as