Fiancial information Flashcards

1
Q

True or false, financial management is one of the areas of a company that is encompassed by the maintenance of control and the safeguarding of assets

A

False

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2
Q

What in uncertainty?

A

Lack of information

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3
Q

Is it a partnership or a company which requires a written constitution?

A

Company

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4
Q

Which two of the following statements describes the work of the technostructure of an organisation?

A

Designing systems and standardising work

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5
Q

How did McKinsey find that big data analytics can create value for a business?

A

With relation to…

Transparency
Performance improvement
Market segmentation
Customisation
Decision making
Innovation
Risk management
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6
Q

What does CATIVA relate to?

A

Key issues in relation to information process in a company

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7
Q

What do the As in CATIVA stand for?

A

Accuracy

Assessability

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8
Q

What is ACIANA all about?

A

Security - aciana is a security guard and CATIVA is his cat.

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