WorksheetsBMII Obj 4.01 Review
Total questions: 20
Worksheet time: 10mins
Which of the following is a true statement about information:
It is simple to manage
It is data put into a useful form
It is the same thing as data
It has no value for an organization
Which of the following is a true statement about a management information system (MIS)
It does not assist with a business’s information management program
It includes people, processes, and practices.
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 actions is a part of information management
Creating data
Creating technology
Disseminating information
Observing competitors
Which of the following is an example of a type of information a business MUST manage
Government spending
Employees’ personal bills
Competitors’ payrolls
Accounting records
Information usually comes in either physical form or __________ form.
book
electronic
note card
verbal
How does appropriate information management affect a business’s relationship with its customers?
Businesses earn higher profits
Businesses lose focus on customers
Businesses make better financial decisions
Businesses serve customers more effectively
Appropriate information management helps a business build a good reputation by
being consistent.
charging high prices.
eliminating all mistakes.
offering quality products.
A benefit of informed decisions is that they
are usually bad decisions
cost less money
hurt a business’s chances at competing
reduce a business’s risk
Which of the following U.S. laws relates to information management
The Sherman
Anti-Trust Act
The Sarbanes-Oxley Act
The Landrum-Griffin Act
The Taft-Hartley Act
Appropriate information management saves businesses time and money by
increasing information overload
increasing paper trails
maintaining higher levels of productivity
maintaining yearly raises for employees
Managing information regarding copyrights and trademarks helps a company to preserve its
correspondence.
customers.
identity.
inventory.
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
Managing information for business continuity is important in case of
a disaster
a drop in stock price
high employee turnover
low sales volume
Wireless networks are now more common due to
government regulations requiring them.
increased competition
increased distribution of the workforce
information overload
Who is responsible for information management?
An information technology manager
Everyone in the organization
The chief executive officer
The information management department
Information management can be a challenge because
many people don’t understand what it is
no one wants to participate in it
there is often not enough information to manage
there is only one right way to do it
The staff accountant 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?
Make sure that information is accurate.
Make sure that information is retrievable.
Prioritize information management needs according to business needs.
Set and consistently follow organizational information management practices.
Information management can be a challenge because the business world is
completely dependent on paper files
constantly changing
not open to new technology
suffering from a lack of information
A risk involved with information management is being unprepared for a government
audit.
election.
loan.
tax break.
A risk involved with information management is leaving customers unprotected from
bad customer service
faulty products
high prices
identity theft
