AIS Exam 1 Questions With Complete Solutions
in what way do management teams use accounting data?
a)to make business decisions
b) make and execute plans
c)use economic and accounting data together to make decsions
d) all of the above - ANSWER-d) all of the above
Which statement is true?
a) accounting consists of rigid black and white rules
b)accountants crunch numbers, not make decesions
c) accounting helps support a prosperous society
d)accountants focus on debits and credits, not business activities - ANSWER-c) accounting helps
support a prosperous society
which of the following is not a component of an information system?
a)hardware
b)software
c)input
d)network - ANSWER-c)input
which statement concerning data is true?
a)data is useless to a business until transformed into information
b)data is the output from an information system
c)data is organized into understandable formats
d)data is processed before being input into the information systems - ANSWER-a) data is useless
to a business until transformed into information
A business model is
a)a companys plan for operations
b)a companys plan for making profit
, c)a companys plan for indentifying customers
d)a companys plan for production - ANSWER-b)a companys plan for making a profit
6)samanthas soy candles has built a retail location in a seasonally busy tourist town.... scent of
the month that she plans to market to customers as a once per month shipment. what kind of
business model would samantha employ for her seasonal candle shipment line?
a)franchise
b)subscription
c)freemiumd
d)peer-to-peer - ANSWER-b)subscription
transaction based accounting systems capture only
a)nonfinancial data
b)accounting business events
c)relationships between business events and processes.
d)key performance indicators - ANSWER-b)accounting business events
a popular fast-food chicken restaurant currently offers only fried chicken tenders.... if the chain
were to consider offering grilled chicken on their menu, what would you reccomend before
considering the change for a national-roll out
a)determine the kitchen layout and process changes required
c)test the new product on customers in a small group of restaurants
D) all of these are correct - ANSWER-d) all of these are correct
what additional data could be captured duringthe conversion processes to help corporate
management improve business efficiency or effectiveness?
a)quality testing data
b)downtime data
C) waste data
d) all of the above - ANSWER-d) all of the above
10) which of the folllowing social responsibility and sustainability data points can be captured
through the conversion processes?
in what way do management teams use accounting data?
a)to make business decisions
b) make and execute plans
c)use economic and accounting data together to make decsions
d) all of the above - ANSWER-d) all of the above
Which statement is true?
a) accounting consists of rigid black and white rules
b)accountants crunch numbers, not make decesions
c) accounting helps support a prosperous society
d)accountants focus on debits and credits, not business activities - ANSWER-c) accounting helps
support a prosperous society
which of the following is not a component of an information system?
a)hardware
b)software
c)input
d)network - ANSWER-c)input
which statement concerning data is true?
a)data is useless to a business until transformed into information
b)data is the output from an information system
c)data is organized into understandable formats
d)data is processed before being input into the information systems - ANSWER-a) data is useless
to a business until transformed into information
A business model is
a)a companys plan for operations
b)a companys plan for making profit
, c)a companys plan for indentifying customers
d)a companys plan for production - ANSWER-b)a companys plan for making a profit
6)samanthas soy candles has built a retail location in a seasonally busy tourist town.... scent of
the month that she plans to market to customers as a once per month shipment. what kind of
business model would samantha employ for her seasonal candle shipment line?
a)franchise
b)subscription
c)freemiumd
d)peer-to-peer - ANSWER-b)subscription
transaction based accounting systems capture only
a)nonfinancial data
b)accounting business events
c)relationships between business events and processes.
d)key performance indicators - ANSWER-b)accounting business events
a popular fast-food chicken restaurant currently offers only fried chicken tenders.... if the chain
were to consider offering grilled chicken on their menu, what would you reccomend before
considering the change for a national-roll out
a)determine the kitchen layout and process changes required
c)test the new product on customers in a small group of restaurants
D) all of these are correct - ANSWER-d) all of these are correct
what additional data could be captured duringthe conversion processes to help corporate
management improve business efficiency or effectiveness?
a)quality testing data
b)downtime data
C) waste data
d) all of the above - ANSWER-d) all of the above
10) which of the folllowing social responsibility and sustainability data points can be captured
through the conversion processes?
