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Q1. In transportation model of O R once an initial solution has been found, the next step is to test that solution for optimality. The methods widely used for testing the solution are:
(A) Stepping Stone Method
(B) Modified Distribution Method
(C) Both (a) and (b)
(D) Slack variable method
Answer: (C) Both (a) and (b)
Q2. A _ decision making involves the establishment objectives for an organization and long-range plans for attaining these objectives.
(A) Prompt
(B) Relevant
(C) Tactical
(D) Strategic
Answer: (D) Strategic
Q3. Inventory lead time can be broken into:
(A) Review, order, manufacturing or purchasing and receiving
(B) Order, manufacturing or purchasing, and receiving
(C) Order, receiving
(D) None of the above
Answer: (A) Review, order, manufacturing or purchasing and receiving
Q4. The teleprocessing system appropriate for a probability encoding system is
(A) An on-line batch system
(B) An interactive time-sharing system
(C) A large-scale batch system
(D) All of the above
Answer: (B) An interactive time-sharing system
Q5. Which of the following is not one of the major components of decision-support system?
(A) Language system
(B) Knowledge system
(C) Expert system
(D) Problem-processing system
Answer: (C) Expert system
Q6. Marketing research data is gathered by
(A) Observation
(B) In-depth interviews
(C) Controlled experiment
(D) All of the above
Answer: (D) All of the above
Q7. A _ provides a set of integrated computer tools that allow a decision maker to interact directly with computers in order to retrieve information useful for semi-structured and unstructured decisions,
(A) DDS
(B) DBMS
(C) MIS
(D) Control
Answer: (A) DDS
Q8. The prime concern of financial control is
(A) Accounting for the liabilities incurred
(B) Meeting payroll commitments
(C) Providing financial status information
(D) All of the above
Answer: (C) Providing financial status information
Q9. Decisions can be classified on three levels: strategic, __ and operational.
(A) Prompt
(B) Passwords
(C) MIS
(D) Tactical
Answer: (D) Tactical
Q10. A periodic report can facilitate management by exception by
(A) Including complete alphabetic descriptions for each numeric entry
(B) Including only those transactions that fall within predetermined limits of acceptable performance
(C) Consolidation of multiple transactions into a summary form
(D) Comparing actual performance with acceptable standards
Answer: (D) Comparing actual performance with acceptable standards
Q11. An organization containing manufacturing, marketing, and finance areas is called a
(A) Matrix organization
(B) Flow network organization
(C) Modular organization
(D) Functional organization
Answer: (D) Functional organization
Q12. General ledger is also referred to as:
(A) Main ledger
(B) Extra ledger
(C) Nominal ledger
(D) None of the above
Answer: (C) Nominal ledger
Q13. A systems theory of management includes
(A) The manager as the control mechanism
(B) The use of both environmental and internal information describing what should be achieved
(C) The use of objectives or standards of performance describing what is being achieved
(D) All of the above
Answer: (A) The manager as the control mechanism
Q14. Corporate modeling languages often do provide for
(A) Model definition
(B) DML commands
(C) Editing
(D) Report specification
Answer: (A) Model definition
Q15. The MIS consists of
(A) The central processing unit of the computer only
(B) The central processing unit of the computer and input/output units only
(C) The central processing unit of the computer, input/output units, and data storage units only
(D) None of the above
Answer: (D) None of the above
Management Information Systems MCQ – All Set
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