1. Keyboard entry
2. Scanning barcodes
3. Machine-read optical marks

(1) Automated systems for data capture are generally more reliable than data capture requiring input by individuals.

(2) As a general rule, secondary information is more expensive to collect than primary data. Which of the above statements is/are true?

Which of the following statements regarding big data and decision-making is/are true?

1. Decisions which include big data analytics can lead to a competitive edge over rivals.
2. Big data analytics cannot account for competitors’ expected actions.

(1) Strategic planning is concerned with making decisions about the efficient and effective use of existing resources.

(2) Operational control is about ensuring that specific tasks are carried out efficiently and effectively.

Which TWO of the following are ways that Del Co could use the information collected from the website and customer loyalty cards?

Cost                                                                                                                      $

Employee time spent filling in purchase requisitions                               600

Use of barcodes and scanners to record inventory                                  200

Storage of sales information no longer needed                                        400

Time taken by staff to input data into production system                      900

What were the total direct data capture costs for Tom Co for April 20X8?

1. External information can be general and vague, and may not really help an organisation with decision making.
2. External information is usually more reliable than internal information.

(1) Management information is often produced from transaction processing systems.

(2) The data used in management information systems comes mainly from sources within the organisation and its operations.

Which of the above statements is/are true?

(1) Budgeting is commonly associated with decision-making at the operational planning level within a management hierarchy.

(2) Operational control decisions in general are more narrowly focused and have a shorter time horizon than management control decisions.

Which of the above statements is/are true?

The following costs of capturing this information have been identified:

1. App credit system development costs
2. Survey development costs
3. Lost sales due to customers earning credits rather than buying in-game purchases
4. Loss of customers who are offended by in-game surveys

Which of these costs would be considered as “indirect” costs of producing the information?

(1) Feedback is information produced from a system that is used by management to take action to control further inputs to the system.

(2) Information for benchmarking purposes may be obtained from both internal and external sources.

Which of the above statements is/are true?

The following table details the costs of the swipe card system in its first year:

                                                                                                                         $                            Notes

Purchase price of the swipe system (vendor list price)                   100,000            Invoiced and paid

Installation costs of the system (negotiated with vendor)              20,000             Invoiced and paid

Pre-launch testing costs (in-house)                                                      17,000           Salaries time spent   

                                                                                                                                                  on testing                                                                                                                                                                                                         

Cost per 100 swipe cards                                                                         5,000     1,000 cards purchased       

                                                                                                                                              in the first year

Apportionment of the technology insurance cost                               9,000                  Fixed cost

Salary of clerk employed to collate and distribute

swipe card system information                                                              36,000                 Fixed cost

What is the indirect cost of producing the information required in the first year of the swipe card system?

He has estimated that it will take 4 weeks of his time to prepare the report. As well as other incremental costs he has estimated that the total cost of preparing the report will be $28,000.

This report is an example of bad information. Which one of the principles of good information does it breach?

Which of the following is a disadvantage of using a wireless network in this way?

Which of the following would NOT be an effective control procedure for the generation and distribution of the information within the government department?

1. Enterprise Resource Planning (ERP) systems are accounting oriented information systems which aid in identifying and planning the enterprise wide resources needed to resource, make, account for and deliver customer orders.
2. Enterprise Resource Planning (ERP) systems use complex computer systems, usually comprehensive databases, to provide plans for every aspect of the business.

1. It can only serve the accounting department
2. It is more likely to be closed than open