BEC 4 Flashcards
What is IT?
Hardware Software Data Network People
What is Business Information System?
Transaction processing systems
Enterprise resource planning systems
Decision support systems
Executive information systems
What are functions performed on data?
Collect Process Store Transform Distribute
What is accounting information system?
It is type of management information system, it maybe partly transaction processing system and a knowledge system. A well designed AIS leaves an audit trail.
What is objective of AIS?
Validate, classify, value, cutoff and present.
What is logical hierarchy of data storage?
Entity, Attributes, Field, Record, Data Value, File, Database
What is batch processing?
Collected and grouped by type of transaction and are processed periodically.
What are disadvantages of batch processing?
Possible High costs Need for processing power and data storage Reduction in Local accountability Bottlenecks Delay in response time Increased vulnerability
What is adhoc report?
A report that does not exist but can be created on demand without having to get a software developer involved.
What is XBRL?
XBRL tags and define the data. It is pre-programmed and used for business reporting.
What is Systems Development Life Cycle?
Framework for planning and controlling systems development.
What are the steps in SDLC?
Analysis Design Implementation Training Testing Operations
ADITTO
What is COBIT (Control Objectives for Information and Related Technology)?
Provides a set of measures, indicators, processes and best practices to maximize benefit of IT.
What is business objectives of COBIT?
Effective decision support
Efficient transaction processing
Compliance
What are governance objects of COBIT?
Strategic alignment, Value delivery, Resource measurement, risk management, Performance measurement.
What is information criteria for COBIT?
Integrity, confidentiality, Efficiency, reliability, Availability, compliance and effectiveness.
What are the domains of COBIT?
Plan and organize
Acquire and implement
Deliver and support
Monitor and evaluate
What does programmers should not have?
They should not have access to source and production data.
What does data librarian do?
Custody and maintenance of entity’s data.
What is a data administrator?
Responsible for the definition, planning and control of data within a database.
What are types of backup?
Son-Father-Grandfather
Mirroring
What is Public Key infrastructure?
Electronic documents created and digitally signed by trusted party.
What is XML?
Transmits data in flexible formats.
What are costs of EDI?
Legal costs
Hardware costs
Costs of translation
Costs of data transmission
