SVB 1.5 Information Management GlossaryQuiz

What is the purpose of an audit?

• To create new inventions

• To evaluate the safety, integrity, and accuracy of information

• To predict future market trends

• To manage intellectual property

What does cyber security aim to protect?

• Physical assets

• Intellectual property

• Networks, devices, and data

• Trade secrets

What is data integrity concerned with?

• The speed of data processing

• The accuracy and validity of data over its lifecycle

• The cost of data storage

• The design of data systems

What is the role of Information Management (IM)?

• To create new software

• To collect, organize, store, and secure relevant data

• To design marketing strategies

• To manage financial assets

What is an intangible asset?

• A physical object

• A type of software

• Anything of value that is not physical in nature

• A financial document

What does intellectual property (IP) refer to?

• Physical property

• Anything created from the mind or intellect

• A type of financial asset

• A government document

What is a Management Information System (MIS)?

• A manual filing system

• A computerized system supporting Information Management

• A type of financial software

• A marketing tool

What is the focus of risk management?

• Increasing profits

• Identifying and predicting circumstances with negative consequences

• Designing new products

• Managing employee performance

What is a trade secret?

• A public marketing strategy

• A practice or process not generally known outside the company

• A type of intellectual property

• A government regulation

Which of the following is NOT a function of Information Management?

• Storing relevant data

• Organizing data

• Designing new products

• Securing data