Explain MIS infrastructure and its three primary types.
What will be an ideal response?
The three primary areas on which enterprise architects focus when maintaining a firm's MIS infrastructure are:
(1) Supporting operations: Information MIS infrastructure identifies where and how important information, such as customer records, is maintained and secured.
(2) Supporting change: Agile MIS infrastructure includes the hardware, software, and telecommunications equipment that, when combined, provides the underlying foundation to support the organization's goals.
(3) Supporting the environment: Sustainable MIS infrastructure identifies ways that a company can grow in terms of computing resources while simultaneously becoming less dependent on hardware and energy consumption.
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Which of the following controls is not a typical internal control over intangible assets?
a. Procedures to provide reasonable assurance that decisions are appropriately made as to when to capitalize or expense research and development expenditures. b. Development of amortization schedules that reflect the remaining useful life of patents or copyrights associated with the assets. c. Procedures to identify and account for intangible asset impairment. d. All of the above are typical controls for intangible assets.
Two cities have populations of 10,000 and 160,000 . Based on Reilly's law, the point of indifference is 40 miles from the larger city. What is the total distance between each city?
a. 40 miles b. 45 miles c. 50 miles d. 60 miles
In the context of Arab countries, what is meant by the expression Bukra insha Allah?
A. Tomorrow if God wills B. Greetings to you C. Time is money D. Good connections
Which of the following statements is CORRECT?
A. If two projects are mutually exclusive, then they are likely to have multiple IRRs. B. If a project is independent, then it cannot have multiple IRRs. C. Multiple IRRs can occur only if the signs of the cash flows change more than once. D. If a project has two IRRs, then the smaller one is the one that is most relevant, and it should be accepted and relied upon. E. For a project to have more than one IRR, then both IRRs must be greater than the cost of capital.