LSUS MBA 703 FINAL EXAM COMPREHENSIVE
MANAGERIAL ACCOUNTING STUDY GUIDE
2026
◉ Operating Systems.
Answer: Manage the hardware and create the interface between the
hardware and the user
◉ Application Software.
Answer: Performs specific tasks such as word processing,
accounting, database management, video games, or browsing the
web
◉ Key functions of operating systems.
Answer: 1. managing the hardware resources of the computer
2. providing the user-interface components
3. providing a platform for software developers to write applications
◉ Open Source.
Answer: Individual developers are allowed to make modifications to
the programming code
,◉ Utility software.
Answer: Includes programs that allow you to fix or modify your
computer in some way. Examples include antimalware software and
programs that totally remove software you no longer want installed.
◉ Enterprise Resource Planning (ERP) system.
Answer: Developed to bring together an entire organization within
one program. ERP software utilizes a central database that is
implemented throughout the entire organization.
◉ Customer Relationship Management (CRM) system.
Answer: Manages an organization's customers. An example is
salesforce.
◉ Supply Chain.
Answer: The linkage between an organization's suppliers, its
manufacturing facilities, and the distributors of its products.
◉ Cloud Computing.
Answer: The "cloud" refers to applications, services, and data
storage located on the Internet. Cloud service providers rely on giant
server farms and massive storage devices that are connected via the
Internet. Cloud computing allows users to access software and data
storage services on the Internet
, ◉ Virtualization.
Answer: The process of using software to simulate a computer or
some other device.
◉ Why do organizations implement virtual machines?.
Answer: Organizations implement virtual machines in an effort to
reduce the number of physical servers needed to provide the
necessary services to users. This reduction in the number of physical
servers also reduces the demand for electricity to run and cool the
physical servers.
◉ What languages are used to develop web pages?.
Answer: HTML and JavaScript
◉ Closed source.
Answer: The source code is not made available to others. Business
model of restrictive software licensing which required payment for
software, a model that is still dominant today
◉ Computer hardware.
Answer: The physical components of information technology—the
equipment that you can physically touch, including computers,
storage devices, networking equipment, and other peripherals.
MANAGERIAL ACCOUNTING STUDY GUIDE
2026
◉ Operating Systems.
Answer: Manage the hardware and create the interface between the
hardware and the user
◉ Application Software.
Answer: Performs specific tasks such as word processing,
accounting, database management, video games, or browsing the
web
◉ Key functions of operating systems.
Answer: 1. managing the hardware resources of the computer
2. providing the user-interface components
3. providing a platform for software developers to write applications
◉ Open Source.
Answer: Individual developers are allowed to make modifications to
the programming code
,◉ Utility software.
Answer: Includes programs that allow you to fix or modify your
computer in some way. Examples include antimalware software and
programs that totally remove software you no longer want installed.
◉ Enterprise Resource Planning (ERP) system.
Answer: Developed to bring together an entire organization within
one program. ERP software utilizes a central database that is
implemented throughout the entire organization.
◉ Customer Relationship Management (CRM) system.
Answer: Manages an organization's customers. An example is
salesforce.
◉ Supply Chain.
Answer: The linkage between an organization's suppliers, its
manufacturing facilities, and the distributors of its products.
◉ Cloud Computing.
Answer: The "cloud" refers to applications, services, and data
storage located on the Internet. Cloud service providers rely on giant
server farms and massive storage devices that are connected via the
Internet. Cloud computing allows users to access software and data
storage services on the Internet
, ◉ Virtualization.
Answer: The process of using software to simulate a computer or
some other device.
◉ Why do organizations implement virtual machines?.
Answer: Organizations implement virtual machines in an effort to
reduce the number of physical servers needed to provide the
necessary services to users. This reduction in the number of physical
servers also reduces the demand for electricity to run and cool the
physical servers.
◉ What languages are used to develop web pages?.
Answer: HTML and JavaScript
◉ Closed source.
Answer: The source code is not made available to others. Business
model of restrictive software licensing which required payment for
software, a model that is still dominant today
◉ Computer hardware.
Answer: The physical components of information technology—the
equipment that you can physically touch, including computers,
storage devices, networking equipment, and other peripherals.
