BPM
________ principle says BPM should be a permanent practice
Principle of Continuity
A computerized accounting system also allows ______ of stored information
Graph
Analysis
Viewing
Reporting
Analysis
Which of the following is not an objective of MIS?
Recruit people for system
_______ of information refers to ensuring authorized people have access to the information as and when needed
Data availability
The tears of which animal are the only known antidote to basilisk venom?
Phoenix
When the process becomes too complex or inefficient, and optimization is not fetching the desired output, _______ is recommended
Re-engineering
________ defines the structure of accounting
Accounting framework
Accounting loss
Accounting methods
All of the above
Accounting framework
Sales report is __________ report
Schedule
______ are created to perform specific natured audit task
Purpose-written program
What position does Harry play on his Quidditch team?
Seeker
In creating a TQM, _____ factors have to be identified
Critical success
____________ is the limitation of computerized accounting system.
Cost of installation
Cost of learning
Depreciation cost
All of the above
Cost of installation
MIS helps the clerical personnel in __________.
Transaction processing
____ risk means that a material error exists that will not be prevented or detected in a timely manner by the internal control systems
Control
Who knocks out the troll in the ladies’ bathroom in Harry Potter and the Philosopher’s Stone?
Ron
AIS stand for ________
Accounting Information System
_________ in Accounting System is creating forms, documents, procedures, job description and reports.
Designing
Analysis
Implementation
Follow up
Designing
_____________ is a highly structure technique and involves in reduction of all MIS activities to Zero based conceptually
Zero based budgeting
______ takes care of the information requirement of the users for new as well as existing applications; designs information system architecture to meet these requirements; facilitates implementation of information systems and maintains documentation
What magical talent does Harry share with Voldemort?
Being a Parselmouth
A _____ system is an accounting information system that processes the financial transactions and events as per Generally Accepted Accounting Principles (GAAP) to produce reports as per user requirements
Computerized accounting
The accounting software is generally ______ in large or business organizations with multi users in geographically scattered locations
Ready to use
Customized
Tailored
Invented
Tailored
___________ are the problems in MIS
Culture, Integration, Use
______ is auditing around the computer
Black Box approach
Finish the inscription on Dobby’s tombstone: ‘Here lies Dobby…
‘A free Elf’