1. Which of the following statements is the most accurate?

A. The degree to which information needs to be summarized increases as one moves up through the management levels
B. Low-level managers made unstructured decisions
C. Upper managers make unstructured decisions
D. Low-level managers need general information about operating activities.
E. Middle managers make unstructured decisions


Correct Answer: A. The degree to which information needs to be summarized increases as one moves up through the management levels

2. As opposed to detailed transaction information, the management information system (MIS) responds to the need for

A. electronic data processing
B. managerial information
C. accounting application
D. utility billing information
E. None of the above


Correct Answer: B. managerial information

3. The type of model that helps the manager forecast future events is the

A. physical model
B. graphical model
C. narrative model
D. All of the above
E. None of the above


Correct Answer: E. None of the above

4. Which of the following is not tree of operational decisions?

A. concern the execution of specific tasks
B. primarily made by middle management
C. usually have present standards
D. include acceptance or rejection of credit
E. None of the above


Correct Answer: B. primarily made by middle management

5. Which of the following is not one of the qualitative characteristics that information must have?

A. relevance
B. retrievability
C. timeliness
D. accuracy
E. all of the above


Correct Answer: E. all of the above

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