The flow of transactions through business processes to ensure appropriate checks and approvals are implemented is called ?

Related Mcqs:

1. An _____________ is a set of processes and procedures that transform data into information and knowledge?

   A. information system
   B. Knowledge system
   C. Database system
   D. Computer system

2. _____________captures and processes customer orders and produces customer invoices?

   A. Inventory
   B. Order processing
   C. Payroll
   D. Ledger

3. A model-driven analysis approach that focuses on the structure of stored data in a system rather than on processes is______________?

   A. structured analysis
   B. information engineering
   C. rapid architected analysis
   D. object-oriented analysis

4. Which of the following models are developed on the principles of business management, accounting and econometrics ?

   A. Behavioral model
   B. Management science models
   C. Operations research models
   D. Policy making models

5. ____________ is an organized portfolio of formal systems for obtaining processing and delivering information in support of the business operations and management of an organization?

   A. MIS
   B. DSS
   C. MRS
   D. None of the above

6. A ___________________ strategy seeks to achieve competitive advantages by allowing the business unit to make more profit than its competitors?

   A. Focus
   B. Cost leadership
   C. Linkage
   D. Information leadership

7. Information systems that support the business functions that reach out to suppliers are known as_____________?

   A. back office information systems
   B. decision support systems
   C. expert information systems
   D. front office information systems

8. When a bank uses business performance management software to monitor its performance in differences regions this ?

   A. reduces costs
   B. manages risks
   C. adds value
   D. creates a new opportunity

9. To improve the performance of a business process, which of the following is most relevant ?

   A. Input
   B. Processing
   C. Control and feedback
   D. All of the above

10. A ___________ process in any area of the business organization performs basic steps such as, receive input, measure, analyze, document, perform, process, record / store, access, produce and communicate?

    A. Value
    B. Decision making
    C. Business
    D. Re-engineering