ACCA · Performance Management (PM)

Management information systems: Practice Questions

5 multiple-choice questions marked as you go, and 5 written questions with worked solutions. All on Management information systems.

10 questions22 marksFree, no account

Question 1

1 mark

Organizations are often described as open systems. What does this term imply in the context of management information?

Question 2

1 mark

Which of the following is an example of an external source of information for a company's marketing department?

Question 3

1 mark

Which of the following would be classified as an external source of information for a business?

Question 4

1 mark

In ensuring the security of a management information system, logical access controls are implemented. Which of the following is an example of a logical access control?

Question 5

1 mark

When considering the cost of information, which of the following is an example of an indirect cost?

Question 6

2 marks

Strategic information is typically used by senior management. Mention one characteristic of information at the strategic level regarding its time horizon.

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Question 7

4 marks

In the 3 Vs model of Big Data, describe the meaning of Velocity and how it differs from the concept of Volume.

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Question 8

2 marks

Which level of management is primarily concerned with using tactical information to ensure that specific departmental objectives are being met?

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Question 9

4 marks

Systems theory distinguishes between open and closed systems in an organizational context.
(a) Define what is meant by a closed system and explain why it is rarely found in a modern business environment.
(b) Identify two specific external environmental factors that an open system must interact with to remain viable.

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Question 10

5 marks

Executive Information Systems (EIS) provide senior managers with easy access to internal and external information.
(a) Describe the drill-down feature of an EIS and explain how it helps a manager investigate a variance.
(b) Identify two common ways in which data is visually presented within an EIS dashboard.

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