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ISA 235 Final Exam Question and answers rated A+ ISA 235 Final Exam Primary activities - correct answer acquire raw materials and manufacture, deliver, market, sell and provide after-sale services support activities - correct answer firm infrastructure, HR management, tech development ...

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  • November 8, 2024
  • 15
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • ISA 235
  • ISA 235

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ISA 235 Final Exam
Primary activities - correct answer ✔acquire raw materials and manufacture,
deliver, market, sell and provide after-sale services


support activities - correct answer ✔firm infrastructure, HR management,
tech development and procurement


data - correct answer ✔raw facts that describe the characteristics of an
event/ object


core drivers of the information age - correct answer ✔data, information,
business intelligence, knowledge


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


business intelliegnce - correct answer ✔information collected form multiple
sources such as suppliers, customers, competitors, partners and industries
that analyze patterns, trends and relationships for decision making


knowledge - correct answer ✔the skills, expertise and experience coupled
with information and intelligence that create a persons intellectual responses


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


analytics - correct answer ✔science of fact based decision making

, business process - correct answer ✔a standardized set of activities that
accomplish a specific task such as processing a customer order


value chain analysis - correct answer ✔views a firm as a series of business
process that add value to the product/ service


system - correct answer ✔a collection of parts that link to achieve a common
purpose


systems thinking - correct answer ✔a way of monitoring the entire system by
viewing multiple inputs being processed or transformed to produce outputs
where gathering feedback on each part


chief information officer - correct answer ✔responsible for overseeing all
uses of information technology and ensuring the strategic alignment of MIS
with business goals and objectives


strategic level - correct answer ✔managers devleop overall business
strategies, goals, and objectives as part of the company's strategic plan


unstructured decisions


managerial level - correct answer ✔employees are continuously evaluating
company operations to hone the firms ability to identify, adapt to and leverage
change


semi structured

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