Chapter 1 - Chapter 1 1 A set of two or more interrelated...

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Chapter 1 1. A set of two or more interrelated components that interact to achieve a goal is: a) A system b) An accounting information system c) Data d) Mandatory information 2. Goal conflict may result when a) A decision or action of a subsystem is inconsistent with the system as a whole. b) A subsystem achieves its goals while contributing to the organization's overall goal. c) Duplicate recording, storage and processes are eliminated. d) The data exceeds the amount the human mind can absorb and process. 3. Information is a) What happens when the data exceeds the amount the human mind can absorb. b) The benefit produced by the information minus the cost of producing it. c) Facts that are collected, recorded, stored, and processed by an information system. d) Data that have been organized and processed to provide meaning to a user. 4. Which of the following statements below shows the contrast between data and information? a) Data is the output of an AIS. b) Information is the primary output of an AIS. c) Data is more useful in decision-making than information. d) Data and information are the same. 5. Humans can absorb and process only so much information. Information __________ occurs when those limits are passed. a) overload b) excess c) anxiety d) discretion 6. The benefit produced by the information minus the cost of producing it. a) Goal congruence 1
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b) Information c) Information overload d) Value of information 7. How many components are found in an AIS? a) three b) four c) five d) six 8. Information that reduces uncertainty, improves decision makers' ability to make predictions, or confirms or corrects their prior expectations, is said to be a) Complete b) Relevant c) Reliable d) Timely 9. Information that does not omit important aspects of the underlying events or activities that it measures is a) Complete b) Accessible c) Relevant d) Timely 10. Data must be converted into information to be considered useful and meaningful for decision-making. There are six characteristics that make information both useful and meaningful. If information is free from error or bias and accurately represents the events or activities of the organization, it is representative of the characteristic of a) Relevancy b) Timeliness. c) Understandability d) Reliability 11. An AIS is a system of six interrelated components that interact to achieve a goal. One of these components, which includes both manual and automated activities that involve collecting, processing, and storing data, is known as a) Information or data b) Procedures and instructions c) Software d) Information technology infrastructure 2
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12. Which of the following is not an example of a common activity in an AIS? a)
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This note was uploaded on 07/01/2011 for the course ECONOMIC 00128876 taught by Professor Dr.a'delmsarouh during the Summer '11 term at Hashemite University.

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Chapter 1 - Chapter 1 1 A set of two or more interrelated...

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