Pak Exam MCQs

Hardware and software placed between an organization’s internal network and an external network to prevent outsiders from invading private networks are described

A. Firewall
B. Intruder detection system
C. Cyber checkpoint
D. Cyber wall

Answer & Solution

Option: A
Explanation :A firewall is a network security system that monitors and controls incoming and outgoing network traffic based on predetermined security rules. A firewall typically establishes a barrier between a trusted internal network and untrusted external network, such as the Internet.
Firewalls are often categorized as either network firewalls or host-based firewalls. Network firewalls filter traffic between two or more networks and run on network hardware. Host-based firewalls run on host computers and control network traffic in and out of those machines.

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FIFO stands for

Basic IT 0

A. First Interactive First Out
B. First In First Out
C. First Invented First Out
D. First Interface First Out

Answer & Solution

Option: B
Explanation :Stands for “First In, First Out.” FIFO is a method of processing and retrieving data. In a FIFO system, the first items entered are the first ones to be removed. In other words, the items are removed in the same order they are entered.

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Google are using information technology to pursue the generic strategy of

Basic IT 0

A. Low-cost leadership
B. Focus on market niche
C. Product differentiation
D. Strengthening customer and supplier intimacy

Answer & Solution

Option: C
Explanation :Google stands alone in its focus on developing the “perfect search engine,” defined by co-founder Larry Page as something that, “understands exactly what you mean and gives you back exactly what you want.” To that end, Google has persistently pursued innovation and refused to accept the limitations of existing models. As a result, Google developed its own serving infrastructure and breakthrough PageRank technology that changed the way searches are conducted.

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Which one has no pre-established decision procedures?

Management Information System 0

A. Structured
B. Unstructured
C. Standard
D. Stable

Answer & Solution

Option: B
Explanation :Structured decisions are routine. They are Repetitive/Short term. They followed definite procedures. They are lay down norms. Situations are known. They are taken at lower or operating levels in the organization.

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Which one is the nature of Structured decisions?

Management Information System 0

A. Non-Repetitive
B. Repetitive
C. Routine
D. Both (b) & (c)

Answer & Solution

Option: D
Explanation :Structured decisions are routine. They are Repetitive/Short term. They followed definite procedures. They are lay down norms. Situations are known. They are taken at lower or operating levels in the organization.

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Which one produce periodic financial statements and business reports?

Management Information System 0

A. General Ledger
B. Final Account
C. Trail Balance
D. Cash ledger

Answer & Solution

Option: A
Explanation :A general ledger represents the record-keeping system for a company’s financial data with debit and credit account records validated by a trial balance. The general ledger provides a record of each financial transaction that takes place during the life of an operating company.
The general ledger holds account information that is needed to prepare the company’s financial statements, and transaction data is segregated by type into accounts for assets, liabilities, owners’ equity, revenues, and expenses.

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Which one is main characteristics of Knowledge Process Outsourcing?

Management Information System 0

A. Process are not easily codified
B. The agent has to interpret the information
C. The agent is expected to exercise judgement
D. All of the above

Answer & Solution

Option: D
Explanation :Knowledge Process Outsourcing (KPO) means information related business task or knowledge-based processes such as research, analysis, consultancy or any other high-level task are outsourced i.e. done by the workers of another company or allocated to the subsidiary of the same organization.

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keeps tracks of data concerning purchase from and payments to suppliers

Pakexammcq Management Information System 0

A. Inventory control
B. Accounts payable
C. Payroll
D. Accounts receivable

Answer & Solution

Option: B
Explanation :Accounts payable is a current liability account in which a company records the amounts it owes to suppliers or vendors for goods or services that it received on credit.
Accounts receivable is a current asset account in which a company records the amounts it has a right to collect from customers who received goods or services on credit.

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The MIS should be developed by

Management Information System 0

A. The manager
B. The information specialist
C. Both (a) and (b)
D. Neither (a) or (b)

Answer & Solution

Option: C
Explanation :The managment information system was designed to provide timely and effective information to support planning and control of managment. The MIS system is used to make decisions, solve problems, supervise activities, and track progress. Information requirements are predefined for structured decisions.
The management information system needs good planning. This system should deal with the management information not with data processing alone. It should provide support for the management planning, decision-making and action. It should provide support to the changing needs of business management.

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Which is the period in days between the ordering and delivering of goods.

Management Information System 0

A. Demand
B. Duration
C. Lead time
D. Process

Answer & Solution

Option: C
Explanation :A lead time is the latency between the initiation and execution of a process. For example, the lead time between the placement of an order and delivery of a new car from a manufacturer may be anywhere from 2 weeks to 6 months. One Business Dictionary defines “manufacturing lead time” as the total time required to manufacture an item, including order preparation time, queue time, setup time, run time, move time, inspection time, and put-away time. For make-to-order products, it is the time taken from release of an order to production and shipment. For make-to-stock products, it is the time taken from the release of an order to production and receipt into finished goods inventory.

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