Question 1) Which of the following represents the correct order in problem resolution? Answers: Define the problem, recognize the problem, perform feasibility studies, specify system objectives, and prepare a project proposal. Recognize the problem, define the problem, perform feasibility studies, specify system objectives, and prepare a project proposal. Define the problem, recognize the problem, specify system objectives, perform feasibility studies, and prepare a project proposal. Recognize the problem, define the problem, specify system objectives, perform feasibility studies, and prepare a project proposal. Question 2 The last step in the cost- benefit analysis is to compare the costs and benefits identified in the first two steps. The two most common methods used for evaluating information systems are net present value and payback. Which of the following statements are true? Answers: Under the net present value method, the present value of the costs is deducted from the present

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Question 1) Which of the following represents the correct order in problem resolution? Answers: Define the problem, recognize the problem, perform feasibility studies, specify system objectives, and prepare a project proposal

Accounting Mar 03, 2021

Question 1)

Which of the following represents the correct order in problem resolution?


Answers:	Define the problem, recognize the problem, perform feasibility studies, specify system objectives, and prepare a project proposal.
	Recognize the problem, define the problem, perform feasibility studies, specify system objectives, and prepare a project proposal.
	Define the problem, recognize the problem, specify system objectives, perform feasibility studies, and prepare a project proposal.
	Recognize the problem, define the problem, specify system objectives, perform feasibility studies, and prepare a project proposal.

Question 2

The last step in the cost- benefit analysis is to compare the costs and benefits identified in the first two steps. The two most common methods used for evaluating information systems are net present value and payback. Which of the following statements are true?


Answers:	Under the net present value method, the present value of the costs is deducted from the present value of the benefits over the life of the system. Projects with a positive net present value are economically feasible.
	The payback method is a variation of break- even analysis. The break-even point is reached when total costs equal total benefits. This is when the project breaks even, or pays for itself.
	Both are true.
	Both are false.

Question 3

Which of the following is the most important factor in planning for a system change?


Answers:	Having an auditor as a member of the design team.
	Using state- of- the- art techniques.
	Concentrating on software rather than hardware.
	Involving top management and people who use the system.

Question 4

In the context of the TELOS acronym, technical feasibility refers to whether


Answers:	a proposed system is attainable, given the existing technology.
	the systems manager can coordinate and control the activities of the systems department.
	an adequate computer site exists for the pro-posed system.
	the proposed system will produce economic benefits exceeding its costs.
	the system will be used effectively within the operating environment of an organization.

Question 5

Which of the following steps is NOT considered to be part of this systems survey?


Answers:	Interviews are conducted with operating people and managers.
	The complete documentation of the system is obtained and reviewed.
	Measures of processing volume are obtained for each operation.
	Equipment sold by various computer manufacturers is reviewed in terms of capability, cost, and availability.

Question 6

The TELOS acronym is often used for determining the need for system changes. Which of the following types of feasibility studies are elements of TELOS?


Answers:	legal, environmental, and economic
	environmental, operational, and economic
	technical, economic, legal, and practical
	practical, technical, and operational
	technical, operational, and economic

Question 7

All of the following individuals would likely be SDLC participants EXCEPT


Answers:	accountants.
	shareholders.
	management.
	programmers.

Question 8

Which of the following is least likely to be an accountant’s role in the SDLC?


Answers:	user
	consultant
	auditor
	programmer
	all of these are likely roles

Question 9

Which of the following aspects of a cost- benefit study would have the greatest uncertainty as to its precise value?


Answers:	the tangible costs
	the intangible costs
	the tangible benefits
	the intangible benefits
	none of the above because they are equally precise

Question 10

One time costs of system development include all of the following EXCEPT


Answers:	site preparation.
	hardware maintenance.
	programming.
	hardware acquisition.
	data conversion.

Question 11

A feasibility study for a new computer system should


Answers:	consider costs, savings, controls, profit improvement, and other benefits analyzed by application area.
	provide the preliminary plan for converting existing manual systems and clerical operations.
	provide management with assurance from qualified, independent consultants that the use of a computer system appeared justified.
	include a report by the internal audit department that evaluated internal control features for each planned application.

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