BB42 Objective 4 Test Review

Front

Appropriate information management helps a business build a good reputation by:

Back

being consistent.

Answer explanation

Front

Which action is part of information management? Options: creating information, updating technology, observing competitors, disseminating information

Back

disseminating information

Front

Which information must a business manage? Options: accounting records, competitors' payrolls, government spending, employees' personal bills

Back

accounting records

Front

Managing information regarding copyrights and trademarks helps a company to preserve its:

Back

identity.

Front

Marvin, the staff accountant, is unable to find last year's tax return. What information management guideline is he failing to follow?

Back

maintaining information for retrieval

Front

How does appropriate information management affect a business's relationship with its customers?

Back

The business serves customers more effectively.

Front

What type of information is ABC Corporation protecting with its noncompete agreement that restricts employees from working for a competitor for two years?

Back

business

Front

To reduce the risk associated with noncompliance, a business should continuously monitor:

Back

government regulations.

Front

What type of information is the president providing when stating, "Samari Enterprises experienced a three percent increase during the first quarter and a five percent increase during the second quarter of this fiscal year"?

Back

explicit knowledge

Front

Which risk might result from ethical misconduct?

Back

decreased company value