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 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 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 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 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 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 b) Support activity In which cycle does a company ship goods to customers? a. Production cycle b. Financing cycle c. Revenue cycle d. Expenditure cycle c) Revenue cycle Which IS a function of AIS? a. Reducing the need to identify a strategy & strategic position b. Transforming data into useful information c. Allocating organizational resources d. Automating all decision making b) Transforming data into useful info A firm, its suppliers, and its customers collectively form which of the following? a. Supply chain b. Value chain c. ERP system d. AIS a) supply chain A report telling how well all approved vendors have performed in the past 12 months is info that is MOST needed in which business process? a. Paying vendors b. Acquiring inventory c. Selling merchandise d. Paying employees b) acquiring inventory Which of the following is NOT a step in the data processing cycle? a. Data collection b. Data input c. Data storage d. Data