Textbook Exam Flashcards

1
Q

Which of the following is part of the central processing unit?

A

Arithmetic/logic unit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

The Internet is composed of…

A

An international collection of networks of independently owned computers

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

A system that stores transactions in a single database, but processes them at various sites is referred to as…

A

Distributed system

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

When calculating budgeted hardware and software costs, it should be factored in…

A

How much sales are projected to increase

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Proper segregation of duties for control purposes involves segregation of authorization, approval, execution and…

A

Record keeping

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

In project management, a technique that involves classifying tasks into categories based on how urgent they are is referred to as…

A

ABC analysis

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

A common input device is a…

A

Point of sale recorder

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Which of the following is most likely to be considered an advantage of a sophisticated multiuser database?

A

Information may be retrieved quickly

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Using sophisticated techniques from statistics, artificial intelligence, and computer graphics to explain, confirm or explore relationships among data is referred to as…

A

Data mining

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

As used in information technology, a protocol is a set of rules for…

A

Exchanging data between 2 computers

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

When allocating costs using the step method, the costs in the denominator are from…2

A

1 All other production and service departments

2 just not from department being allocated

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

What is the best measure of risk for a well diversified portfolio?

A

Beta

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

The economic order quantity for inventory is higher for an organization that has…

A

Higher fixed inventory ordering costs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Core competency risk is not a risk of…

A

Not a risk of outsourcing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

In encryption, a value that must be placed into the algorithm to decode an encrypted message is referred to as a…

A

Key

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

One would frequently expect a help desk to be a responsibility of…

A

Operations

17
Q

The best reason corporations issue Eurobonds rather than domestic bonds is that…

A

These bonds are normally less expensive form of financing because of the absence of government regulation

18
Q

Demand is Inelastic when it…

A

Does not fall as much as the price increase

19
Q

Direct labor efficiency variance equation

A

Direct labor efficiency variance =
(actual hours x standard rate)
- (actual production x standard hours x standard rate)

20
Q

Which of the following is not an appropriate response to an identified enterprise risk?

A

Assessing