BEC 6 M3: Role of IT in Business

Question 1

distributed/decentralized processing environment would be most beneficial when

Answer 1

large volumes of data are generated at myany (remote) locations and fast access to data is required

Question 2

Sequence of events in an AIS

Answer 2

1. transaction data from source entered into AIS by end user
2. original paper source doc is filed
3. transactions recorded in journal
4. transactions posted to general and subsidiary ledgers
5. trial balances are prepared
6. financial reports are generated

Question 3

Another name for AIS is

Answer 3

transaction processing systems

Question 4

Enterprise Resource Planning (ERP) is designed to

Answer 4

integrate data from all aspects of an organization’s activity

Question 5

Components of Business Information System (BIS)

Answer 5

1. Hardware
2. software
3. people
4. data
   network

Question 6

BIS performs what functions on data?

Answer 6

1. collect
2. process
3. store
4. transform
5. distribute

Question 7

Reports

Answer 7

represent summary info, not individual documents

Question 8

Queries

Answer 8

frequently on-demand responses to data inquiries online

Question 9

Decision Support System (DDS)

Answer 9

AKA: expert system. helps decision making by providing info, facilitate preparation of forecasts or modeling various aspect of a decision

Question 10

Management Info System (MIS)

Answer 10

provides users predefined reports that support effective business decisions. DSS and EIS are subsystems of this

Question 11

Executive Information System (EIS)

Answer 11

provides senior executives with immediate and easy access to internal and external info to assist in strategic decision making

Question 12

Accounting Info System (AIS)

Answer 12

A kind of MIS that creates audit trails for accounting transactions

Question 13

Transaction processing

Answer 13

large numbers of common business events that are processed in a predefined highly structured way

Question 14

Four characteristics of a sale that SUpply Chain Management is concerned with

Answer 14

1. What
2. When
3. Where the goods were delivered
4. How much the goods cost

Question 15

Packet switched network

Answer 15

allows transmission of data across a shared network and not the internet

Question 16

data mining

Answer 16

analysis of large and diverse amounts of data included in a data warehouse