UTK INMT 341 Exam
(2025-2026 Exam Bundle) Solved Questions |
120+
Correct Answer Keys | 100% Verified
VERIFIED ANSWERS
Question 1
Machine Learning
Correct Answer
teaching a machine how to do a particular task by providing it a typically large amount of data and then directing it to
make predictions on new data.
Question 2
Platform as a Service (PaaS)
Correct Answer
supports the deployment of entire systems including hardware, networking, and applications using a pay-per-use
revenue model
Question 3
real-time processing
Correct Answer
denotes transaction data are entered and processed to update the relevant master files as the business event occurs
Question 4
Business Events Risks
Correct Answer
result in errors and irregularities having one or more of the following characteristics: • A business event occurring at
the wrong time or sequence, • A business event occurring without proper authorization, • A business event involving
the wrong internal agent or poor actions by the internal agent, • A business event involving the wrong external agent, •
A business event involving the wrong resource, • A business event involving the wrong amount of resource, and/or • A
business event occurring at the wrong location
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,Question 5
private cloud
Correct Answer
a configuration where users remotely access resources that are entirely controlled (and hopefully secured) by the
organization.
Question 6
History files
Correct Answer
contain inactive past or historical data. Examples could include tax return files from previous years
Question 7
Customer master file
Correct Answer
A record of pertinent information on an entity's customers, including current credit authorization
Question 8
Process extend beyond...
Correct Answer
A single organization.
Question 9
ERP Software
Correct Answer
designed to integrate the data and support transaction processing activities for all aspects of an organization's
operations
Question 10
CRM software
Correct Answer
Automates and integrates the functions of sales, marketing, and service in an organization
Question 11
Internal Processes are...
Correct Answer
Linked. Business processes are linked together in various ways, in icluding the sharing of common resources or when
an event in one process triggers an event in another process.
Question 12
Step 3 of REAL
Correct Answer
Analyze each event identified in step 2 to identify the resources, agents, and locations that are key to the event
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, Question 13
What does it mean to be bonded?
Correct Answer
to be insured
Question 14
Specific Invoice Method
Correct Answer
involves matching payments to specific sales invoices.
Question 15
Value Chain
Correct Answer
the set of (primary and support) activities through which a product or service is created and delivered to customers.
Question 16
Infrastructure
Correct Answer
denotes the physical and virtual resources (hardware and software) that is used to build an information system
Question 17
Step 1 of REAL
Correct Answer
To understand an organization's context, focus on understanding its strategy, culture, and structure
Question 18
general authorization
Correct Answer
used for customers who are below their credit limit and have a good credit rating.
Question 19
Inventory Master File
Correct Answer
Contains all the important information related to the entity's inventory, including the perpetual inventory records
Question 20
Files
Correct Answer
Collections of stored electronic data
Trusted by thousands of students and professionals worldwide Page 3 of 18
(2025-2026 Exam Bundle) Solved Questions |
120+
Correct Answer Keys | 100% Verified
VERIFIED ANSWERS
Question 1
Machine Learning
Correct Answer
teaching a machine how to do a particular task by providing it a typically large amount of data and then directing it to
make predictions on new data.
Question 2
Platform as a Service (PaaS)
Correct Answer
supports the deployment of entire systems including hardware, networking, and applications using a pay-per-use
revenue model
Question 3
real-time processing
Correct Answer
denotes transaction data are entered and processed to update the relevant master files as the business event occurs
Question 4
Business Events Risks
Correct Answer
result in errors and irregularities having one or more of the following characteristics: • A business event occurring at
the wrong time or sequence, • A business event occurring without proper authorization, • A business event involving
the wrong internal agent or poor actions by the internal agent, • A business event involving the wrong external agent, •
A business event involving the wrong resource, • A business event involving the wrong amount of resource, and/or • A
business event occurring at the wrong location
Trusted by thousands of students and professionals worldwide Page 1 of 18
,Question 5
private cloud
Correct Answer
a configuration where users remotely access resources that are entirely controlled (and hopefully secured) by the
organization.
Question 6
History files
Correct Answer
contain inactive past or historical data. Examples could include tax return files from previous years
Question 7
Customer master file
Correct Answer
A record of pertinent information on an entity's customers, including current credit authorization
Question 8
Process extend beyond...
Correct Answer
A single organization.
Question 9
ERP Software
Correct Answer
designed to integrate the data and support transaction processing activities for all aspects of an organization's
operations
Question 10
CRM software
Correct Answer
Automates and integrates the functions of sales, marketing, and service in an organization
Question 11
Internal Processes are...
Correct Answer
Linked. Business processes are linked together in various ways, in icluding the sharing of common resources or when
an event in one process triggers an event in another process.
Question 12
Step 3 of REAL
Correct Answer
Analyze each event identified in step 2 to identify the resources, agents, and locations that are key to the event
Trusted by thousands of students and professionals worldwide Page 2 of 18
, Question 13
What does it mean to be bonded?
Correct Answer
to be insured
Question 14
Specific Invoice Method
Correct Answer
involves matching payments to specific sales invoices.
Question 15
Value Chain
Correct Answer
the set of (primary and support) activities through which a product or service is created and delivered to customers.
Question 16
Infrastructure
Correct Answer
denotes the physical and virtual resources (hardware and software) that is used to build an information system
Question 17
Step 1 of REAL
Correct Answer
To understand an organization's context, focus on understanding its strategy, culture, and structure
Question 18
general authorization
Correct Answer
used for customers who are below their credit limit and have a good credit rating.
Question 19
Inventory Master File
Correct Answer
Contains all the important information related to the entity's inventory, including the perpetual inventory records
Question 20
Files
Correct Answer
Collections of stored electronic data
Trusted by thousands of students and professionals worldwide Page 3 of 18
