Unit 5 Test Business Essentials

Which of the following is a true statement regarding information management:

• It’s necessary for making even small business decisions.

• It’s used exclusively by upper-level management.

• It’s the same thing as an MIS.

• It’s the same thing as data processing.

Which of the following is a trend in information management:

• Increased use of outsourcing

• Fewer electronic documents

• Decreased competition

• Less incoming information

An MIS (management information system) involves people, processes, and

• practices.

• payroll.

• financial statements.

• decisions.

Information is created from

• data.

• accounting records.

• personnel files.

• technology

A social media post is a type of __________ information.

• virtual

• financial

• physical

• unnecessary

Appropriate information management can

• save time and money.

• create more jobs.

• create more difficult decisions.

• result in audits.

Information management can keep employees from becoming overwhelmed with too much information, a condition known as information

• overload.

• drain.

• overkill.

• burden.

A business uses information management to protect its

• trade secrets from being stolen.

• competitors from being hacked.

• computer network from crashing.

• employees from injury.

Failing to manage information properly is most likely to cause a business to

• be unprepared for a disaster.

• declare corporate bankruptcy.

• be shut down by the government.

• save money on technology costs.

What type of software stores information about customers?

• Database

• Presentation

• Word processing

• Intranet