Management Information System MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Management Information System, a fundamental topic in the field of IC 89 Management Accounting. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Management Information System MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Management Information System mcq questions that explore various aspects of Management Information System problems. Each MCQ is crafted to challenge your understanding of Management Information System principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace IC 89 Management Accounting tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Management Information System MCQs are your pathway to success in mastering this essential IC 89 Management Accounting topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Management Information System. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Management Information System knowledge to the test? Let's get started with our carefully curated MCQs!

Management Information System MCQs | Page 2 of 6

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Discuss
Answer: (d).Data processed into a meaningful and useful context Explanation:According to Davis and Olson, information is defined as data that has been processed into a form that is meaningful to the recipient and is of real or perceived value in current or progressive decision.
Q12.
What is an important attribute of effective and useful information?
Discuss
Answer: (c).Availability Explanation:Availability is an important property of information, emphasizing that proper information or the right data must be available at the right time for the information system to be effective.
Q13.
What is an essential attribute of information that ensures it serves a specific purpose?
Discuss
Answer: (d).Purpose Explanation:Every information or data must have a specific purpose to serve, and the purpose of information must be kept in mind for it to be effective in serving its intended purpose.
Q14.
What is the term used to describe the decay of the validity or value of information with time and usage?
Discuss
Answer: (b).Obsolescence Explanation:The validity or value of information generally decays with the passage of time and usage, and it needs to be refreshed and updated to maintain relevance.
Q15.
How does the frequency of data capture and transmission affect the value of information?
Discuss
Answer: (a).Higher frequency increases value Explanation:The success and effectiveness of MIS largely depend on the frequency of data collection, collation, and transmission, emphasizing that higher frequency enhances the value of information.
Q16.
What is essential for information to be useful in supporting corporate management decisions?
Discuss
Answer: (b).Completeness Explanation:Information should be as complete as possible to make the information system useful, especially for supporting corporate management decisions.
Q17.
Why is reliability crucial for information or data used in information systems or MIS?
Discuss
Answer: (d).To ensure success and effectiveness Explanation:Reliability in information or data used in information systems or MIS is crucial not only for authenticity or correctness but also for ensuring success and effectiveness.
Q18.
What measure assesses the degree of success of all information systems?
Discuss
Answer: (b).Quality Explanation:Quality of information measures the degree of success of all information systems and refers to the correctness and validity of information.
Q19.
How can personal bias affect the quality of information in an organization?
Discuss
Answer: (c).Mar quality Explanation:Personal bias can mar the quality of information, especially when individuals provide over-optimistic estimates or biased figures.
Q20.
Why is transparency crucial in the collection and capturing of information for MIS?
Discuss
Answer: (b).To ensure effectiveness Explanation:Transparency must be maintained in information processes to ensure the effectiveness of MIS, as information should directly and clearly reveal what management needs to know.
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