Study Guide – Practice
Questions with Verified
Answers. GRADED A+. Latest
2026/2027 Update.
"Pricing, promoting, selling, and distributing the organization's goods and
services pertain to which of the following functions?
A) marketing
B) production
C) accounting
D) research" - Ans✔✔-Marketing
"Creating finished goods and services using raw materials and personnel
pertains to which of the following functions?
A) marketing
B) research
C) production
D) human resources" - Ans✔✔-Production
,"Who is responsible for operational matters and monitoring day-to-day events?
A) supervisors
B) middle management
C) stockholders
D) top management" - Ans✔✔-Supervisors
"This level of management is concerned with long-range planning and uses
information that will help them plan the future growth and direction of the
organization.
A) top management
B) middle management
C) supervisors
D) stockholders" - Ans✔✔-Top management
"This level of management is involved with tactical planning and implementing
the long-term goals within an organization.
A) top management
B) middle management
C) supervisors
D) stockholders" - Ans✔✔-Middle management
"________ systems help supervisors by generating databases that act as the
foundation for other information systems.
A) Decision support
B) Management information
,C) Transaction processing
D) Executive support" - Ans✔✔-Transaction processing
"Which of the following refers to a system that summarizes detailed data from
the transaction processing systems in standard reports for middle-level
managers?
A) data processing system (DPS)
B) management information system (MIS)
C) decision support system (DSS)
D) executive support system (ESS)" - Ans✔✔-Management information system
(MIS)
"Who uses management information systems?
A) employee-level workers
B) supervisors
C) middle-level managers
D) top-level managers" - Ans✔✔-Middle-level managers
"Which system presents information in a highly summarized form?
A) transaction processing system (TPS)
B) management information system (MIS)
C) decision support system (DSS)
D) executive support system (ESS)" - Ans✔✔-Executive support system (ESS)
"A transaction processing system is also referred to as a ________.
A) sales order processing
, B) data processing system
C) management information system
D) database management" - Ans✔✔-Data processing system
"The ________ activity records the customer requests for products or services.
A) payroll
B) sales order processing
C) inventory
D) accounts receivable" - Ans✔✔-Sales order processing
"Money collected from or owed by customers is called ________.
A) accounts payable
B) inventory
C) accounts receivable
D) sales order processing" - Ans✔✔-Accounts receivable
"The ________ keeps records of the number of each kind of part or finished
good in the warehouse.
A) payroll
B) inventory control system
C) sales order processing
D) general ledger" - Ans✔✔-Inventory control system
"What documentation shows the income, expenses, and difference between
them for a company during a specific time period?