Question 1

If desired rate of return is minimum by actual rate of return then it is classified as&#10;A)future cash flows&#10;B)present cash flow&#10;C)positive cash flows&#10;D)negative cash flows

Accepted Answer

When the actual rate of return is less than the desired rate of return, it results in negative cash flows, indicating that the investment is not meeting the expected financial performance.

Question 2

Which category of computer-based information systems is concerned with supporting the functional areas of an organisation?&#10;A)tegic information systems.&#10;B)Business information systems.&#10;C)Knowledge based systems.&#10;D)End user computing systems.

Accepted Answer

Business information systems are designed to support the functional areas of an organization, such as finance, marketing, operations, and human resources, by providing relevant information for decision-making and operational support.

Question 3

Which of the following represent complex data using interactive three - dimensional graphical forms such as charts, graphs, and maps?&#10;A)Data Entry Systems&#10;B)Data Analysis systems&#10;C)Database Management&#10;D)Data visualization systems

Accepted Answer

Data visualization systems specialize in representing complex data through interactive three-dimensional graphical forms, including charts, graphs, and maps, to make the information more understandable and accessible.

Question 4

_____________is the processing of raw data by using a computer to perform the selection and ordering process.&#10;A)Electronic data processing&#10;B)Manual data processing.&#10;C)Low data processing.&#10;D)High data processing.

Accepted Answer

Electronic data processing refers to the use of computer systems to perform operations on data, such as selection and ordering, transforming raw data into useful information.

Question 5

EDP stands for _____________&#10;A)Electrical disk processing&#10;B)Electronic data processing&#10;C)Exact data processing.&#10;D)Extra ordinary disk processing.

Accepted Answer

EDP stands for Electronic Data Processing, which refers to the automated method of processing data through computers and other electronic devices.

Question 6

The information system used in the daily running of the business is&#10;A)TPS&#10;B)OPS&#10;C)OAS&#10;D)All the above

Accepted Answer

The answer of The information system used in the daily...

Question 7

Which of the following can help you choose a product?&#10;A)Office automation system&#10;B)Management information system&#10;C)Transaction processing system&#10;D)Decision support system

Accepted Answer

A Decision Support System (DSS) is specifically designed to help managers make decisions by analyzing large volumes of data and presenting it in a way that is easy to understand and interpret. This can include choosing between different products based on various criteria such as cost, efficiency, and suitability for the task at hand.

Question 8

&#8230;&#8230;&#8230;&#8230;&#8230; support the decision-making needs of strategic management, tactical management and operating management.&#10;A)Management support&#10;B)Operation support systems&#10;C)Knowledge management&#10;D)All the above

Accepted Answer

Management support systems are designed to support the decision-making needs of strategic, tactical, and operational management.

Question 9

_____________are management support system tailored to the strategic information needs of top and middle management.&#10;A)E-Commerce systems&#10;B)Strategic Information Systems&#10;C)Executive Information systems&#10;D)Management Information systems

Accepted Answer

Executive Information Systems (EIS) are designed specifically to provide top and middle management with immediate and easy access to relevant information to aid in strategic decision-making.

Deck 2: Information Systems and Management Support Systems