INF 1505 Exam Pack

INF1505 Exam Pack: INF1505 May/June 2014,INF1505 Oct/Nov 2013,INF1505 May/June 2013 QUESTION 1.3.1 which one of following is NOT an application of Transaction Processing Systems (TPS)? 1. Payroll system 2. Inventory control 3. Record keeping 4. Grading tests Answer: . 1.4 Management Information Systems A management information system (MIS) is an organized integration of hardware and software technologies, data, processes, and human elements designed to produce timely, integrated, relevant, accurate, and useful information for decision-making purposes. The hardware components, which are discussed in more detail in Chapter 2, include input, output, and memory devices and vary depending on the application and the organization. MIS software, also cov In designing an MIS, the first task is to clearly define the system's objectives. Second, data must be collected and analyzed. Finally, information must be provided in a useful format for decision-making purposes. Many MIS applications are used in both the private and public sectors. For example, an MIS for inventory control provides data (such as how much of each product is on hand), what items have been ordered, and what items are back-ordered. Another MIS might forecast sales volume for the next fiscal period. This type of system uses recent historical data and mathematical or statistical models to generate the most accurate forecast, and sales managers can use this information for planning purposes. In the public sector, an MIS for a police department, for example, could provide information such as crime statistics, crime forecasts, and allocation of police units. Management can examine k.) QUESTION 1.4.1 The component of the management information system (MIS) includes input, output, and memory devices. 1. Hardware 2. Software 3. Processing 4. Data Answer: QUESTION 1.5.1 A typical information system includes which of the following components? a. Data entry system b. Database c. Process d. Information 1. A, B, C, D 2. B, C, D 3. C, D 4. A, B, C Answer: QUESTION 1.5.a.1 An organization might want data to analyse sales by product, territory or salesperson. 1. Disaggregated 2. Aggregated 3. Fragmented 4. Segregated QUESTION 1.5.a.2 Which one of the following statements regarding the data component of an information system is INCORRECT? 1. The data component of an information system is considered the input to the system 2. Data can be collected in different forms, such as aggregated or disaggregated 3. Generally, there are three sources of data: internal, external and generated 4. Typically data has a time orientation QUESTION 1.5.a.3 The data component of an information system is considered the to the system 1. Input 2. Output QUESTION 1.5.c.1 Which component of an information system generally includes transaction processing reports and models for decision analysis that can be built into the system or accessed from external sources? 1. Process 2. Information 3. Data 4. Knowledge ................................................continued................................................