In order for controls to work in today’s economy, they need to be rigid.
1. True
2. False
False.
There are support systems that help health care providers make accurate diagnoses.
1. True
2. False
1. True
Ransomware attacks are a nuisance but do no real harm to companies or systems.
True
False
2. False
What is the URI mascot?
Ram
What is professor McCarthy's first name?
Jessica
Controls are implements to ensure people make decisions faster.
1. True
2. False
False.
Which type of system incorporates people, technology, and information?
Statistical quality control
Financial controls
Management information system
Big-data analytics
3. Management Information System
Anything a company owns that could be converted to cash is considered which of the following?
Liabilities
Assets
Revenue
Losses
2. Assets
What is the president of URI's name?
Marc Parlange
Is professor McCarthy teaching this course next year?
No
Which control process involves evaluating performance after a task?
1. Feedback control
2. Feedforward control
3. Financial controls
4. Concurrent control
1. Feedback control
Which type of system helps managers analyze data to make better business decisions?
1. Transaction processing system
2. Decision support system
3. Executive support system
4. Supply chain management system
2. Decision support system
Which is used to predict how much money will be earned and spent?
Supply chain
Budget
Inventory
Income statement
2. Budget
When was URI founded?
1892
Where did professor McCarthy just go on vacation?
Key West
Which is the first step in the control process?
measure performance
corrective action
comparing performance
setting standards
4. setting standards
You want to be able to look at what is happening daily including sales, inventory, and payroll. Which system do you want to use?
Transaction processing
Executive support
Decision support
Machine learning
1. Transaction processing
When a company takes a look at their own financial standing, they are conducting a(n) ______.
Internal audit
External audit
Balance sheet
Budget process
What's the newest dorm building?
Brookeside
Where did professor McCarthy get her MBA?
Vanderbilt University
What are the 3 main types of control?
1. Feedforward, Concurrent, Feedback
2. Preventive, Reactive, Corrective
3. Planning, Organizing, Leading
4. Input, Process, Output
1. Feedforward, Concurrent, Feedback
5. Which of the following best describes a Decision Support System (DSS)?
1. A system that automatically processes financial transactions
2. A computer-based system designed to assist in making business decisions
3. A tool used exclusively for managing inventory levels
4. A program that analyzes employee performance for HR management
2. A computer-based system designed to assist in making business decisions
On your company's balance sheet, you review the open credit lines used to purchase equipment last year to determine how much you still owe. What you still owe is considered a(n) ______.
Asset
Liability
Audit
budget
2. Liability
Do the URI chant.
What is the name of professor McCarthy's business?
Brand Energy Marketing and PR Firm