1. ___________ an information processing system that records the daily business transactions of an organization at the operational level.
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Correct Answer:
Transaction processing system
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2. A network of interconnected businesses strategically aligned to provide product and service packages
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Correct Answer:
Supply chain
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3. In Management SQC stands for :
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Correct Answer:
Statistical quality control
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4. Models and examples of how items or tasks are expected to be executed as :
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Correct Answer:
Standards
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5. A model that provides customers with software that can be accessed over the web is known as____________.
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Correct Answer:
Software as a service (SaaS)
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6. ____________ act of tricking users into divulging sensitive information.
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Correct Answer:
Social engineering
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7. A business management strategy designed to analyze the causes of defects, using statistical methods are called :
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Correct Answer:
Six Sigma
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8. Ransomware is a type of malicious software (or malware) used by an attacker to gain access to a victim’s computer files, lock them, and then demand a ransom to unlock them.
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Correct Answer:
Ransomware
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9. The process of buying goods or services to accomplish a goal.
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Correct Answer:
Purchasing
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10. A model that provides customers with access to hardware and software tools for application development is known as:
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Correct Answer:
Platform as a service (PaaS)
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11. A cybercrime in which fraudulent e-mails are designed to resemble legitimate?
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Correct Answer:
Phishing
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12. Which statement is correct about Management information system (MIS) :
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Correct Answer:
A tool that aids organizations to run more efficiently by incorporating people, technology, and information systematically.
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13. Viruses means :
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Correct Answer:
Codes that corrupt the system and destroy data
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14. ___________ is the study of computer algorithms that allow computer programs to automatically improve through experience.
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Correct Answer:
Machine learning (ML)
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15. LMS stand for :
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Correct Answer:
Learning management system
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16. Lean manufacturing is implementation of best practices to eliminate inefficiencies and waste while increasing profit.
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Correct Answer:
True
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17. A Japanese strategy where managers and employees work together to identify opportunities and find solutions is called ____________.
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Correct Answer:
Kaizen
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18. Just-in-time (JIT) method is an inventory system that provides an item as needed rather than keeping inventory in stock.
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Correct Answer:
True
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19. _________ broadens the concept by focusing on the organization’s environmental impact and quality.
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Correct Answer:
ISO 14000 series
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20. Provides an exact measure of quality globally over a platform of systems is known as __________ .
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Correct Answer:
ISO 9000 series
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21. Inventory items and quantity in stock typically held in a warehouse or another designated area.
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Correct Answer:
True
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22. Infrastructure as a service (IaaS) is the largest segment of cloud computing where customers pay for access to software applications and databases provided by third parties.
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Correct Answer:
Infrastructure as a service (IaaS)
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23. The development, maintenance, and use of computers _________ for the processing and distribution of data.
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Correct Answer:
All of these
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24. ____________ is a summary of revenue gained during a specific time period, usually listed by month.
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Correct Answer:
Income statement
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25. A summary that lists the revenue and liabilities for a company during a particular time frame is called ___________.
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Correct Answer:
Financial statement
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26. __________ implemented by managers to meet the organization’s financial goals.
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Correct Answer:
All of these
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27. Feedforward control is a preventive measure used to identify potential deficiencies before they occur.
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Correct Answer:
True
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28. __________ Involves collecting information and assessing results after a task has been completed.
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Correct Answer:
Feedback control
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29. Executive support system (ESS) is a management information system that uses internal and external data to aid the executive staff with their decision-making process with regard to organizational performance.
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Correct Answer:
True
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30. A process used by organizations to integrate important parts of the business is called ___________.
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31. Decision support system (DSS) is a computer-based information system that helps organizations with their decision-making process.
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Correct Answer:
True
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32. ___________ is a process of examining data to draw conclusions about certain information.
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Correct Answer:
Data analytics
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33. A formal assessment of an organization’s cybersecurity policies and procedures together with the identification of any deficiencies that could leave the organization open to risk is called :
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Correct Answer:
Cybersecurity audit
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34. A tool that helps managers use information to influence behavior and affect operational performance through greater efficiencies and effective decision-making is known as:
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Correct Answer:
Control
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35. Focusing on taking corrective measures in real time is known as__________.
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Correct Answer:
Concurrent control
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36. ___________ a document used to predict revenue and expenditures during a certain period for financial forecasting.
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Correct Answer:
Budget
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37. The process of analyzing large volumes of data, is known as:
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Correct Answer:
Both a and b
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38. Balance sheet is a financial statement that lists revenue, assets, and liabilities for a company during a particular time frame.
Answer
Correct Answer:
True
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39. ____________ is a formal examination of a company’s, a department’s, or an individual’s accounts or financial standing.
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Correct Answer:
Audit
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40. A software system that gives computers the ability to seemingly possess human intelligence and act accordingly to process information is known as:
Answer
Correct Answer:
Artificial intelligence (AI)
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