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Exam (elaborations)

ISA 235 Questions with complete solution

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  • ISA 235

ISA 235 Questions with complete solution ISA 235 - Ch. 1 -Data -Information -Business intelligence -knowledge - correct answer Core drivers of the information age Value chain analysis - correct answer Views a firm as a series of business processes that each add value to the product o...

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  • November 8, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • isa 235
  • ISA 235
  • ISA 235
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Academia199
ISA 235 - Ch. 1
-Data
-Information
-Business intelligence
-knowledge - correct answer ✔Core drivers of the information age


Value chain analysis - correct answer ✔Views a firm as a series of business
processes that each add value to the product or service.


Primary value activities - correct answer ✔Found at the bottom of the value
chain, these include business processes that acquire raw materials and
manufacture, deliver, market, sell, and provide after-sales services.


Support value activities - correct answer ✔Found along the top of the value
chain and includes business processes, such as firm infrastructure, human
resource management, technology development, and procurement, that
support the primary value activities.


Internet of Things - correct answer ✔A world where interconnected, Internet-
enabled devices or things have the ability to collect and share data without
human intervention


data - correct answer ✔Raw facts that describe the characteristics of an
event or object


information - correct answer ✔Data converted into a meaningful and useful
context

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