Acca paper F1 fia diploma in Accounting and Business Accountant in Business (AB/fab) exam kit

 
12
KA P LA N P UBL I SH IN G 
50 
U Co has recently commissioned a report into the potential sales of a prototype product 
that it has developed. The report is extremely detailed and filled with jargon. The 
management of U are finding it difficult to follow the report’s findings. 
Which of the following criteria of good quality information is NOT being met by this 
report? 
A Relevant 
B Complete 
C Accurate 
D Understandable
 (2 
marks) 
51 
Which of the following is a reasonable drawback of using a database? 
A 
Any system failures may cause widespread disruption and loss of information 
B 
It is difficult for two people to use it at the same time 
C 
The quantity of information is limited to just a few thousand records 
D 
Costs of setting it up often outweigh the benefits of using it
 (2 
marks)
52 
Which of the following is an advantage of using an accounting package over a manual 
accounting system? 
A 
Set-up costs tend to be lower
B 
Recording transactions is usually faster 
C 
Little training is usually required 
D 
Better for small businesses with low volumes of transactions
 (2 
marks) 
53 Purchase ledger, sales ledger and payroll systems are examples of which type of 
information system? 
A 
Executive information systems
B 
Decision support systems 
C Transaction 
processing 
systems 
D Management 
information 
systems
 (2 
marks) 
54 Which of the following converts data from a transaction processing system into 
information for monitoring performance and maintaining co-ordination? 
A Expert 
systems 
B 
Decision support systems 
C 
Executive information systems 
D Management 
information 
systems