Management Information Systems - Section 1 Multiple Questions and Answers.




11.A financial modeling package for a PC is similar to a spreadsheet package, but it can handle larger data files than a spreadsheet, and it has a built-in _____ seeking function.
A. aim
B. target
C. goal
D. plan

12._____ means that the manager spends his or her time dealing with exceptions or those situations which are out of control
A. relevant
B. management by exception
C. predictive reports
D. control

13._____ decisions are those decisions for which policy standards or guidelines are already established.
A. programmable
B. control
C. predictive reports
D. relevant

14._____ is the use of a model in an attempt to identify and/or reflect the behaviour of a real person, process, or system.
A. master
B. decision
C. plan
D. simulation

15.One of the three most common types of payment systems is the
A. pinion fund transaction system
B. travel expense reimbursement system
C. accounts payable system
D. All of the above

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