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Worksheets3.02 BE In the Know
Total questions: 20
Worksheet time: 10mins
Which of the following actions is a part of information management:
Creating data
Disseminating information
Observing competitors
Creating technology
Which of the following is a true statement about a management information system (MIS):
It includes people, processes, and practice
It does not assist with a business’s information management program.
s
It is the same thing as an information management program.
.
It may be one part of a business’s overall information management program.
Which of the following is a true statement about information:
It has no value for an organization.
It is the same thing as data.
It is simple to manage.
It is data put into a useful form.
Which of the following is an example of a type of information a business must manage:
Competitors’ payrolls
Accounting records
Employees’ personal bills
Government spending
Information usually comes in either physical form or __________ form.
note card
verbal
electronic
book
A benefit of informed decisions is that they
reduce a business’s risk.
are usually bad decisions.
cost less money.
hurt a business’s chances at competing.
Appropriate information management saves businesses time and money by
maintaining yearly raises for employees.
increasing paper trails.
increasing information overload.
maintaining higher levels of productivity.
How does appropriate information management affect a business’s relationship with its customers?
Businesses make better financial decisions.
Businesses serve customers more effectively.
Businesses lose focus on customers.
Businesses earn higher profits.
Appropriate information management helps a business build a good reputation by
offering quality products.
eliminating all mistakes.
being consistent.
charging high prices.
Which of the following U.S. laws relates to information management:
The Sarbanes-Oxley Act
The Sherman Antitrust Act
The Landrum-Griffin Act
The Taft-Hartley Act
Managing information regarding copyrights and trademarks helps a company preserve its
customers.
correspondence.
inventory.
identity.
Managing information for business continuity is important in case of
a drop in stock price.
low sales volume.
a disaster.
high employee turnover.
Carson is a staff accountant, and he needs to look at last year’s tax return. However, he can’t find it anywhere. Which information management guideline is not being followed in this situation?
Prioritize information management needs according to business needs
Set and consistently follow organizational information management practices
Make sure that information is accurate
Make sure that information is retrievable
Who is responsible for information management?
The information management department
An information technology manager
Everyone in the organization
The chief executive officer
Information management can be a challenge because
many people don’t understand what it is.
no one wants to participate in it.
there is only one right way to do it.
there is often not enough information to manage.
Information management can be a challenge because the business world is
completely dependent on paper files
not open to new technology.
.
suffering from a lack of information.
constantly changing.
A risk involved with information management is being unprepared for a government
tax break.
audit.
election.
loan.
A risk involved with information management is leaving customers unprotected from
faulty products.
high prices.
bad customer service.
identity theft.
Which of the following is a trend in information management:
Decreased competition
Decreased number of electronic documents
Increased compliance laws and regulations
Increased number of workers in the office
Wireless networks are now more common due to
increased competition.
increased distribution of the workforce.
government regulations requiring them.
information overload.
