AIN2601 Assessment 6

AIN2601 Assessment 6 Test Prep
Grade 39.00 out of 40.00 (97.50%)




Question 1
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The main aim of an MIS is to provide valuable information in a usable format, to
the relevant person at the right time.
Select one:
True
False
Question 2
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For a MIS to be able to function and provide valuable information for decision
making, it needs data input. Data is mainly obtained from ____________ , but can
also be obtained from external sources?
1.
internal sources
2.
reporting sources
3.
scheduled sources
4.
exceptional sources

,Question 3
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A financial management information system (MIS) …



1.
generates standard and/or tailored reports
2.
reports financial and nonfinancial information from various internal and external
sources
3.
generates summaries of cash-flow information
4.
generates reports in hard copy
Question 4
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The management information system (MIS) provides lower-level management
personnel with information to make structured decisions at operational level.
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True
False
Question 5
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, An example of the use of a manufacturing management information system is
_________.
1.
order backlogs
2.
promotional strategies
3.
development of new products
4.
pricing decisions
Question 6
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Management information system (MIS) has the ability to provide user-friendly
reports by generating standard and tailored reports.
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True
False
Question 7
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XBRL can broadly be defined as the electronic communication of financial and
business information to all stakeholders.
Select one:
True
False
Question 8
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