BUSI 2400 C2
Business processes are synonymous with business systems. (T/F) - correct answer T
The inventory management process includes placing orders and receiving goods into inventory. (T/F) -
correct answer T
In the payment process, the invoice is compared to the purchase order. (T/F) - correct answer
T
A business process consists of activities, resources, facilities, and information. (T/F) - correct answer
T
Any item of value can be considered to be a potential resource for a business process (T/F) - correct
answer T
Activities transform resources and data into different kinds of resources and data. (T/F) - correct answer
F
An inventory database would be considered to be an example of a facility in the inventory management
process. (T/F) - correct answer T
The fact that it rained 1.2 inches today is an example of information. (T/F) - correct answer
F
The fact that the sun rose this morning at 6:25 a.m. is an example of data. (T/F) - correct answer
D
Data is another word for information. (T/F) - correct answer F
,When data is presented with a meaningful context, it becomes information. (T/F) - correct answer
T
The information that is the output of one process can be viewed as a data input to another process.
(T/F) - correct answer T
Each activity within a business process must use one, and only one, information system. (T/F) - correct
answer F
It is good business practice for a payment activity to have a single person assigned to approve payments
and generate checks. (T/F) - correct answer F
Strategic decisions involve long term actions whose consequences may not be realized for years. (T/F) -
correct answer T
A structured decision involves an understood and accepted method for making the decision. (T/F) -
correct answer T
A transaction processing system helps managers allocate and utilize resources. (T/F) - correct answer
F
During intelligence gathering, the decision makers determine what is to be decided, what the criteria for
the decision will be, and what data are available. (T/F) - correct answer T
While weather is an unstructured phenomenon, weather forecasting is an example of structured
decision making. (T/F) - correct answer T
The quality of your thinking is a large part of the quality of the information system (T/F) - correct answer
T
The review step may lead to another decision and another iteration of the decision making process.
(T/F) - correct answer T
, Your mind and your thinking are not merely a component of the information systems you use; they are
the most important component. (T/F) - correct answer T
Information needs to be just barely sufficient for the purpose for which it is generated. (T/F) - correct
answer T
For information to be worth its cost, there must be an appropriate relationship between the cost of
information and its value. (T/F) - correct answer T
An activity is considered to be automated when it is characterized by people following procedures. (T/F)
- correct answer F
In an information systems framework, software and procedure components are both sets of
instructions. (T/F) - correct answer T
In the five-component framework of information systems, the actors are hardware and people. (T/F) -
correct answer T
Automation moves work from the software component to the hardware component. (T/F) - correct
answer F
A business process is
A) a network of activities used to accomplish business goals.
B) a set of required steps in a production process.
C) a network of activities, resources, facilities, and information that interact to achieve some business
function.
D) a set of activities in a value chain.
E) a set of activities in a supply chain. - correct answer C
An information system must produce information that is
A) worth its cost, relevant, barely sufficient, and accurate.
B) relevant, timely, all encompassing, and worth its cost.
Business processes are synonymous with business systems. (T/F) - correct answer T
The inventory management process includes placing orders and receiving goods into inventory. (T/F) -
correct answer T
In the payment process, the invoice is compared to the purchase order. (T/F) - correct answer
T
A business process consists of activities, resources, facilities, and information. (T/F) - correct answer
T
Any item of value can be considered to be a potential resource for a business process (T/F) - correct
answer T
Activities transform resources and data into different kinds of resources and data. (T/F) - correct answer
F
An inventory database would be considered to be an example of a facility in the inventory management
process. (T/F) - correct answer T
The fact that it rained 1.2 inches today is an example of information. (T/F) - correct answer
F
The fact that the sun rose this morning at 6:25 a.m. is an example of data. (T/F) - correct answer
D
Data is another word for information. (T/F) - correct answer F
,When data is presented with a meaningful context, it becomes information. (T/F) - correct answer
T
The information that is the output of one process can be viewed as a data input to another process.
(T/F) - correct answer T
Each activity within a business process must use one, and only one, information system. (T/F) - correct
answer F
It is good business practice for a payment activity to have a single person assigned to approve payments
and generate checks. (T/F) - correct answer F
Strategic decisions involve long term actions whose consequences may not be realized for years. (T/F) -
correct answer T
A structured decision involves an understood and accepted method for making the decision. (T/F) -
correct answer T
A transaction processing system helps managers allocate and utilize resources. (T/F) - correct answer
F
During intelligence gathering, the decision makers determine what is to be decided, what the criteria for
the decision will be, and what data are available. (T/F) - correct answer T
While weather is an unstructured phenomenon, weather forecasting is an example of structured
decision making. (T/F) - correct answer T
The quality of your thinking is a large part of the quality of the information system (T/F) - correct answer
T
The review step may lead to another decision and another iteration of the decision making process.
(T/F) - correct answer T
, Your mind and your thinking are not merely a component of the information systems you use; they are
the most important component. (T/F) - correct answer T
Information needs to be just barely sufficient for the purpose for which it is generated. (T/F) - correct
answer T
For information to be worth its cost, there must be an appropriate relationship between the cost of
information and its value. (T/F) - correct answer T
An activity is considered to be automated when it is characterized by people following procedures. (T/F)
- correct answer F
In an information systems framework, software and procedure components are both sets of
instructions. (T/F) - correct answer T
In the five-component framework of information systems, the actors are hardware and people. (T/F) -
correct answer T
Automation moves work from the software component to the hardware component. (T/F) - correct
answer F
A business process is
A) a network of activities used to accomplish business goals.
B) a set of required steps in a production process.
C) a network of activities, resources, facilities, and information that interact to achieve some business
function.
D) a set of activities in a value chain.
E) a set of activities in a supply chain. - correct answer C
An information system must produce information that is
A) worth its cost, relevant, barely sufficient, and accurate.
B) relevant, timely, all encompassing, and worth its cost.
