1. What does the average company spend on production needs? A. Almost 10 percent of
every dollar that it earnsB. Almost 20 percent of every dollar that it earnsC. Almost 40
percent of every dollar that it earnsD. Almost 50 percent of every dollar t
1. A data warehouse is a _ collection of information-gathered from many different
_ databases-that supports business analysis activities and decision-making
tasks. A. Physical, transactionalB. Physical, operationalC. Logical, transactionalD. Logica
1. Which of the following is not a reason for the growth of decision-making information
systems? A. People need to analyze large amounts of informationB. People must make
decisions quicklyC. People must apply sophisticated analysis techniques to ma
1. Which of the following types of information can be found in a database? A. Inventory
B. TransactionsC. EmployeesD. All of the above
A database maintains information on inventory, transactions, and employees.
AACSB: Use of Information TechnologyB
Sample Midterm Exam I
Circle the one best answer.
A private organization which establishes broad accounting principles as well as specific
accounting rules is the
a. Securities and Exchange Commission.
b. Internal Revenue Ser
Evan C. Wasserman, CPA
Cohn Reznick37 years
Do you plan to Major in Accounting?
Have you taken an accounting class in high
What year of school are you in?