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    The document contains 6 multiple choice questions about business resources, levels of management responsibility, systems and subsystems, information value, and financial vs non-financial transactions. The questions cover topics like which level coordinates short-term planning and day-to-day operations, what determines subsystem interdependency, an example of a non-financial transaction, and all factors that determine information value except convenience.

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    The document contains 6 multiple choice questions about business resources, levels of management responsibility, systems and subsystems, information value, and financial vs non-financial transactions. The questions cover topics like which level coordinates short-term planning and day-to-day operations, what determines subsystem interdependency, an example of a non-financial transaction, and all factors that determine information value except convenience.

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    © All Rights Reserved
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    5 views1 page

    Multiple Choice

    Uploaded by

    louvelle
    The document contains 6 multiple choice questions about business resources, levels of management responsibility, systems and subsystems, information value, and financial vs non-financial transactions. The questions cover topics like which level coordinates short-term planning and day-to-day operations, what determines subsystem interdependency, an example of a non-financial transaction, and all factors that determine information value except convenience.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    MULTIPLE CHOICE

    1. Which of the following is not a business resource?


    a. raw material
    b. labor
    c. information
    d. all are business resources
    ANS: D

    2. Which level of management is responsible for short-term planning and coordination of activities
    necessary to accomplish organizational objectives?
    a. operations management
    b. middle management
    c. top management
    d. line management
    ANS: B

    3. Which level of management is responsible for controlling day-to-day operations?


    a. top management
    b. middle management
    c. operations management
    d. executive management
    ANS: C

    4. The ability to achieve the goals of a system depends upon the effective functioning and harmonious
    interaction between its subsystems. This is called
    a. system decomposition
    b. system redundancy
    c. backup system
    d. subsystem interdependency
    ANS: D

    5. The value of information for users is determined by all of the following but
    a. reliability
    b. relevance
    c. convenience
    d. completeness
    ANS: C

    6. An example of a nonfinancial transaction is


    a. sale of products
    b. cash disbursement
    c. log of customer calls
    d. purchase of inventory
    ANS: C

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