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Total Questions : 728 | Page 3 of 73 pages
Question 21. An example of a global allocation problem is
  1.    defining plant capacities
  2.    scheduling an entire development project
  3.    setting general inventory guidelines
  4.    All of the above
  5.    None of the above
 Discuss Question
Answer: Option D. -> All of the above
Question 22. Actuarial accounting systems are associated with the _____ industry.
  1.    insurance
  2.    reliable
  3.    consistent
  4.    exhaustive
  5.    None of the above
 Discuss Question
Answer: Option A. -> insurance
Question 23. The Management Information System (MIS) provides timely and effective information to support decision making and other necessary management functions. Can you point out the sub-system which does not being to the MIS?
  1.    Operational Tectical System
  2.    Decision Support System (DSS)
  3.    Data Communication System
  4.    Automated Office System
  5.    None of the above
 Discuss Question
Answer: Option C. -> Data Communication System
Question 24. Which of the following is part of the decision-making process?
  1.    problem identification
  2.    alternative selection
  3.    problem recognition
  4.    action
  5.    all of the above
 Discuss Question
Answer: Option E. -> all of the above
Question 25. An _____ system has a stored knowledge base and an inference engine.
  1.    expert
  2.    centers
  3.    control
  4.    MIS
  5.    None of the above
 Discuss Question
Answer: Option A. -> expert
Question 26. Changing oil in an automobile is an example of
  1.    preventative maintenance
  2.    scheduled maintenance
  3.    both (a) and (b)
  4.    neither (a) nor (b)
  5.    None of the above
 Discuss Question
Answer: Option C. -> both (a) and (b)
Question 27. In applying the systems approach, the manager proceeds from the
  1.    super system to the system to the subsystem level
  2.    system to the sulpersystem to the subsystem level
  3.    subsystem to the system to the supersystem level
  4.    supersystem to the supersystem to the system level.
  5.    None of the above
 Discuss Question
Answer: Option A. -> super system to the system to the subsystem level
Question 28. A greater proportion of time spent in directing on the
  1.    top management level
  2.    middle management level
  3.    lower management level
  4.    All of the above
  5.    None of the above
 Discuss Question
Answer: Option C. -> lower management level
Question 29. The parts of a system may be analyzed in the sequence
  1.    outputs, objective, management, information processor, input, transformation
  2.    objectives, outputs, management, information processor, input, transformation
  3.    objectives, outputs, information processor, management, input transformation
  4.    outputs, inputs, objectives, management, information processor, transformation
  5.    None of the above
 Discuss Question
Answer: Option B. -> objectives, outputs, management, information processor, input, transformation
Question 30. Ideally, the chairman of the MIS committee should be the
  1.    vice-president of manufacturing
  2.    vice-president of marketing
  3.    vice-president of finance
  4.    All of the above
  5.    None of the above.
 Discuss Question
Answer: Option E. -> None of the above.

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