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Exam (elaborations)

AIN2601 Assignment 6 Semester 1 2024

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AIN2601 Assignment 6 2024












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Uploaded on
May 22, 2024
Number of pages
99
Written in
2023/2024
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

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1. UNISA
2. 2024
3. AIN2601-24-S1
4. Welcome Message
5. Assessment 6



QUIZ

Assessment 6
Question 1

Complete

Mark 1.00 out of 1.00




The management information system (MIS) converts data into various reports disseminated to management.
Which one of the following is NOT a general type of report generated by the management information system?



1. Exception reports

2. Demand reports

3. Purchase reports

4. Scheduled reports




Question 2
Complete

Mark 1.00 out of 1.00




The management information system …




1. is used by management at a strategic level to make unstructured strategic decisions.

2. is a subsystem of the overall information system and uses computer technology to provide information for decision-making purposes.

3. provides financial and nonfinancial information to users according to their needs.

4. provides lower-level management and clerical personnel with information to make structured decisions at operational level.

,XBRL is used when business information is exchanged in XML format.




Select one:
True

False




Question 4

Complete

Mark 1.00 out of 1.00




Information that is available when users need it to make decisions is considered to be _________.



1. relevant

2. secure

3. economical

4. timely




Question 5

Complete

Mark 1.00 out of 1.00




Enterprise resource planning, databases and data warehouse are internal sources of MIS inputs




Select one:
True

False

, Question 6
Complete

Mark 1.00 out of 1.00


MENU



The manufacturing management information system (MIS) provides information to meet the needs of the manufacturing function and
1. market research reports include _________.




2. selection and recruitment

3. promotional strategies

4. throughput rates




Question 7

Complete

Mark 1.00 out of 1.00




Which one of the following is NOT an advantage of XBRL?



1. IFRS requirements are met.

2. More accurate reporting.

3. Low initial cost investment.

4. Language barrier can be crossed.




Question 8
Complete

Mark 1.00 out of 1.00




A financial MIS integrates financial and operation information from various sources into one system. Examples of uses of financial MIS
reports exclude ___________.




1. payment summaries

2. reporting on exceptions and deviations

3. order backlogs

4. budget and capital budget setting and control

, In applying an MIS in various business scenarios, the various functional managers will typically have access to reports other than those
relating to their specific functional area.




Select one:
True

False




Question 10

Complete

Mark 1.00 out of 1.00




An MIS has the ability to provide user-friendly reports by integrating financial and nonfinancial information from various internal and
external sources into a single report.



Select one:
True

False




Question 11

Complete

Mark 1.00 out of 1.00




Extensible Markup Language (XML) was not designed to carry information in a simple, general and usable format over the internet, instead
of displaying data.



Select one:
True

False

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