AIS EXAM 1 (Ch. 1-6) CHAPTER QUIZZES WITH COMPLETE SOLUTIONS

AIS EXAM 1 (Ch. 1-6) CHAPTER QUIZZES WITH COMPLETE SOLUTIONS Data differ from info in which way? a. Data are output and info is input b. Info is output and data are input c. Data are meaningful bits of info d. No difference - ANSWER ️️ b. Info is output and data are input Which is NOT a characteristic that makes info useful? a. It is reliable b. It is timely c. It is inexpensive d. It is relevant - ANSWER ️️ c. It is inexpensive Which IS a following primary activity in the value chain? a. Purchasing b. Accounting c. Post-sales service d. HR management - ANSWER ️️ c) Post-sales service Which transaction cycle includes interactions between an organization and its suppliers? a. Revenue cycle b. Expenditure cycle c. HR/payroll cycle d. GL and reporting system - ANSWER ️️ b) Expenditure cycle Which is NOT a means by which info improves decision making? a. Increases info overload b. Reduces uncertainty c. Provides feedback about the effectiveness of prior decisions d. Identifies situations requiring management action - ANSWER ️️ a) Increases info overload In the value chain concept, upgrading IT is considered what kind of activity? a. Primary activity b. Support activity c. Service activity d. Structured activity - ANSWER ️️ b) Support activity In which cycle does a company ship goods to customers? a. Production cycle b. Financing cy