Day: December 16, 2024

Accounting Multiple Choice Question – 16 December 2024

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

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Which of the following statements concerning management information systems and transaction processing systems is correct?

Select ONE answer:

  1. A management information system is likely to be the foundation of a transaction processing system
  2. Management information systems and transaction processing systems are usually independent
  3. Management information systems and transaction processing systems are synonymous
  4. A transaction processing system is likely to be the foundation of a management information system

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 4

  1. Not correct
  2. Not correct
  3. Not correct
  4. Correct == > A management information system concentrates on producing useful reports from internal data. Much of the internal data will arise from transactions that have been recorded by the transaction processing system.

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