Management Information Systems - Section 1 Multiple Questions and Answers.

1.Which of the following is(are) true of the EDP auditors?
A. they should have computer expertise
B. they will be replaced by traditional auditors in the near future
C. two of the above
D. currently, there is a very high demand for them

2.Controls of data communication deal with
A. the communication channel
B. the computer
C. terminals
D. None of Above

3.A lockbox service is used for
A. depositing cash when bank is closed
B. paying bank customer bills automatically
C. storing papers in a bank vault
D. None of Above

4.Critical path of the PERT chart is:
A. path which takes the longest time to complete the project
B. the shortest path
C. both of the above
D. None of above

5.Inventory is also referred to as:
A. stock
B. warehouse capacity
C. materials
D. materials in hand


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