ISTM Chapter 13

7 September 2022
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52 test answers

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question
Most reports are what?
answer
Periodic
question
What does the acronym TPS mean?
answer
Transaction Processing Report
question
TPS systems are based in what application software?
answer
Database
question
What provides the groundwork for all other reports?
answer
TPS
question
What kind of decision is long-term?
answer
strategic
question
What kind of decision requires specific actions?
answer
Tactical
question
Reports produced whenever needed are called what?
answer
demand
question
Demand reports are sometimes called what?
answer
ad hoc
question
The purpose for business reports is to do what?
answer
make decisions
question
Which report has the highest level of detail?
answer
TPS Report
question
TPS Reports support what type of decisions?
answer
Tactical
question
Completely summarized reports support what types of decisions?
answer
Strategic
question
Distilling a detailed report results in what?
answer
Summarization
question
What reports are visual in nature?
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Graphical Reports
question
Reporting tendencies in business is called what?
answer
Trend Reporting
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Subtracting Previous from Actual yields what?
answer
variance
question
Subtracting Forecast from Actual yields what?
answer
variance
question
What level uses the most summarized reports?
answer
executive
question
What level uses the most detailed reports?
answer
laborers
question
Reports with the most detail are for what types of decisions?
answer
Tactical
question
Reports with the most summarization are for what types of decisions?
answer
Strategic
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Which level report(s) use internal and external data?
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Executive and Managers
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Which level report(s) use internal data?
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Supervisors and Laborers
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Reports with only internal data are used for what type of decisions?
answer
Tactical
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Supervisory reports are considered what?
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Highly Detailed
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What kind of reporting is highly detailed and generated directly from the transaction processing system and is rarely used for decision-making?
answer
Supervisory
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Who are interested in the big picture, with reports that offer complete summarization and are highly graphical?
answer
Executives
question
Subtracting a "Forecast" figure from an "Actual" figure produces what kind of figure?
answer
Variance
question
Subtracting a "Previous" figure from an "Actual" figure produces what kind of figure?
answer
Variance
question
Because of their visual nature, what reports are sometimes much more appropriate and can point out trends that numeric reports cannot?
answer
Graphical
question
Analysis reports use what as a foundation and also can be summarized?
answer
TPS
question
What is the underlying application software in a Transaction Processing System?
answer
Database
question
What system collects and stores data (typically in a database) regarding an organization's daily sales?
answer
TPS
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What refers to the level of detail or level of summarization in a report?
answer
Reporting Summarization Levels
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What describes informational output from an information system to facilitate decision-making?
answer
Business System Reporting
question
Supervisory reporting is highly detailed and generated directly from the transaction processing system and is often used for high-level decision-making.
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False
question
Management reports exclusively use internal information.
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True
question
Variance figures show the sum of Actuals and Previous figures.
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False
question
Previous figures show what transpired over time.
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True
question
Actual figures show what actually happened.
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True
question
Graphical reports are sometimes much more appropriate and can point out trends that numeric reports cannot.
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True
question
Transaction processing systems and the data they provide are independent of all other reports.
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False
question
TPS data stored in a large database.
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True
question
Almost all businesses have a TPS report.
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True
question
Reporting Summarization Levels refers to the level of detail or level of summarization in a report.
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True
question
Tactical decisions are specific actions that serve a larger purpose.
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True
question
Tactical decisions refer to long-term planning designed to achieve a specific goal.
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False
question
Most reports are demand or "ad-hoc."
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False
question
Reporting is output specifically with paper products.
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False
question
Business System Reporting describes informational output from an information system to facilitate decision-making.
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True
question
Managerial reports
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summarized, using mainly internal data sources, and although sometimes strategic in nature, usually they are for tactical decision making.
question
Supervisory reports
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detailed, using internal data sources and tactical in nature. (Supervisors are just up the chain from laborers, so their reports are still detailed.)