Test Review II

When evaluating secondary computing devices for the workplace, the main concern should be weighing the benefit against the ________of the technology.

• size
• cost
• value
• depreciation

A small company of 50 employees needs to predict how many hats to make for next August. Their sales for the last twelve months are (in no particular order) 319, 420,169,648,327,485,295,555, 303, 214, 401 and 211 hats. If August typically sees sales that are four fifths of 12 month average, how many hats should the company make next August? (Solve by adding all numbers then divide by 12. Then 4/5 * the answer you got)

• 145
• 290
• 362
• 444

If a worker joins a team tasked to perform a formal audit, the core component of that task would be

• correcting the mistakes before anyone finds out
• validating results produced by another team or group
• working non-stop until a mistake or error or some kind is found
• accepting that data provided by management is accurate

From the following list, when sorting in descending order, the first record would be

• Wisconsin
• Wyoming
• Arkansas
• Arizona

Creating reports is a convenient way to summarize a data set and present findings to co-workers and management. Before presenting or releasing any report, the most important thing to do is

• recheck all facts and calculations for accuracy
• review the reports to make sure the author's name is on it
• make the report as exciting and intresting as possible
• show the report to management first to get credit for completing the task

The process of comparing the data to set of rules or values determine if the data is accurate is called

• formatting
• validation
• IGO
• fixing

Forecasting relies on trends and produces results that are

• generally unusable
• prediction based
• statistically integrated
• completely reliable

The biggest advantage of using accounting software is that

• calculate income tax
• is inexpensive
• takes time to learn
• helps analyze the business

Batch processing is defined as collecting data for a period of time and processing all transactions

• as a group one at a time
• with simple interactiveproblem solving
• over telephone lines
• indivudually at different times

What type of chart would best show trends over a period of time

• scatter
• x-y
• line
• pie