What type of information system would help a business to gain a strategic advantage over its competitors? a.Executive management system. b.Knowledge management system. c.Management information system. d.Strategic information system.
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What type of information system would help a business to gain a strategic advantage over its competitors?
What kind of information is gathered from a valid and trusted source and can be depended upon to be correct?
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- Which of the following best describes the difference between financial accounting and tax accounting? Financial accounting is what managers use for internal, decision making purposes while tax accounting is used for creditors, investors, and the general public. They are both used for income tax reporting purposes, and they are both required by the SEC to be issued and made public so that they can be used by creditors, investors, and the general public Financial accounting is used for income tax reporting purposes and tax accounting is used by managers for internal, decision making purposes. Financial accounting is used by creditors, investors, and the general public, while tax accounting is used for income tax reporting purposes None of these answers is correctAccess to different levels of an information system should first be established through a user's a.Authorization b.Definition c.Identification d.Status 2.Predicting the future of the organization and its environment and matching thecharacteristics of the organization to the environment is associated with which decision-making level? a.Knowledge b.Operational c.Strategic d.Tactic 3.An analytics dashboard report for the next meeting was saved in Microsoft Excel 2013.However, the secretary has Microsoft Excel 2010 on her computer system. The only Excelversion that can easily open this analytics dashboard report is a.2003 b.2007 c.2010 d.201 3.A manager urgently requested information on a customer's payment status. The followinginformation was received: Customer First Name: Jonathan Customer Last Name:? Amount Due:? Amount Paid: $1,500.00 Last Payment Date: July 15, 2016 Date of Request: September 22, 2016 Date Returned: December 6, 2016 4.Which characteristics of information…Segregation of duties would be inappropriate to control to ensure: a. Reliability and integrity of information. b. Compliance with policies, plans, procedures, laws, and regulations. C. Safeguarding of assets. d. Effectiveness and efficiency of operations. The line of reporting of IS audit is indicated in: a. The audit committee charter. b. The internal audit charter. C. The IS audit charter. d. The IS audit letter of appointment. The NIST handbook is: a. A summary overview of the elements of computer security. b. A detailed breakdown of control requirements including practical implementation. C. Only applicable to government agencies. d. Only applicable to non-government agencies. please answer correct with valid reason
- The items that follow are associated with a management accounting information system. a. Repairing a defective part.b. Providing information for planning and control.c. Designing a product.d. Measuring the cost of design.e. A budget that shows how much should be spent on design activity.f. Using output information to make a decisiong. Usage of materials.h. A report comparing the actual costs of quality with the expected costs of quality.i. Surveying customers to assess post purchase costs.j. Incurrence of post purchase costs.k. Costing out products.l. Assigning the cost of labor to a product.,m. Report showing the cost of a producn. Measuring the cost of qualityRequired:Classify the items into one of the following categories:1. Inputs2. Processes3. Outputs4. System objectivesPLEASE ANSWER ALL 1. Reactions to information provided by management control system are:a. Formulated in the organization’s strategic plan.b. Judgmental, and are based on interpretations and circumstances.c. Assessed by the communication network of the MCS.d. Determined as those activities that will be most efficient and effective given the organization’s available technology. 2. A management accounting system should provide information to:a. All functional areas of the organization.b. Only accounting area of the organization.c. Only the production area of the organization.d. Organizational managers, but not to staff personnel. 3. Which of the following is not primary goal of a cost management system?a. Use cost drivers to develop product costs.b. Improve understanding of the activities.c. Develop organizational strategies.d. Measure performance.Which of the following statements BEST describes the purpose of a Deability income policy? A It is used to pay for hospital, medical, and surgical expenses if a senous disability occurs. It is designed to supplement Medicare Part A benefits It is used to pay for an insured's normal living expenses if the insured becomes disabled It is designed to supplement Workers' Compensation benefits B D.
- Please answer A-C with the most true answer. A. Which of the following is most closely associated with return on assets? a. The cost of equity b. The proportion of debt and equity in the company’s capital structure c. The prime lending rate d. The average operating assets of the company B. Which of the following is most closely associated with expenses? a. Product (value propositions) design(s) b. Average operating assets c. Proportion of debt and equity in the company’s capital structure d. Equity risk premium C. Which of the following is most closely associated with the cost of debt? a. Non-operating expenses b. Risks specific to the company c. The long-term bond yield d. Prime lending rate5. The concept of confidentiality applies to which of the following? a. All data and information systems b. Automated paper and verbal communications c. Clinical,financial and business records d. a and c e. All of the aboveWhich of the following is the crucial factor for the management to consider? a. Climatic information b. Irrelevant information c. Unbiased information d. Historical information
- Assume Mercy Hospital uses accrual accounting. Which of the following statements is(are) most correct? A. Supplies expense is recognized when medical supplies are delivered to the hospital by the vendor. B. Patient service revenue is recognized when payment is received by the hospital from a patient’s third-party payer. C. Salaries expense is recognized when payroll checks are written. D. Patient service revenue is recognized when healthcare services are provided.Determine whether information must be documented. Imagine that you're writing a case study about the bookseller Barnes & Nobles. Which of the following information needs to be documented in a report? a. Barnes & Noble's corporate headquarters is located at 122 Fifth Avenue, New York City, New York. b. The company's online division uses the website www.bn.com c. The company's online division generates 10% of the company's revenue. d. Michael Huseby is the CEO of Barnes & Noble. e. Barnes & Noble closed its Lincoln Center store in New York City. f. Most stores are between 10,000 and 60,000 square feet.The second factor influencing investment planning decisions is__O. a.Managing the client's goals for investments O. b.Managing the client's expectations O. c.Matching the portfolio to the client's goals O. d.Developing realistic assumptions