Question 1

Which one of the following activities is not a pan of the data mining process?

Options :

A : Applying statistical techniques to derive information from large sets of data

B : Using artificial intelligence to identify patterns in large data sets

C : Generating recommendations based on insights derived from large databases

D : Creating valid and useful information from large data sets using statistical methods

Answer: C

Question 2

All of the following are limitations of teaming curve analysis except that

Options :

A : the learning rate tends to be affected by seasonality in sales

B : the estimated learning rate might be unreliable because other factors could have caused the change

C : the learning rate is assumed to be constant

D : it is appropriate only for labor-intensive repetitive tasks

Answer: A

Question 3

Which one of the following is not considered to be a Benefit of participative budgeting?

Options :

A : Managers are held responsible for reaching their goals and cannot shift responsibility by blaming the unrealistic goals demanded by the budget.

B : Budget estimates are prepared by those in direct contact with various activities

C :

individuals at all organizational levels are recognized as being pan of the team resulting in greater

support of the budget

D :

When managers set the final targets for the budget, it reduces top management-s concerns about the

profitability of operations

Answer: D

Question 4

Faxton and Rexford are competitor in the same industry Faxton utilizes an incentive program mat focuses

solely on net income Rexford uses customer service and employee development in addition to net income in

its incentive program. Over time. Faxton can be expected to

Options :

A : have higher sales growth than Rexford due to management s strong focus

B : be less likely to misstate earnings due to the importance of earnings to management

C : be more profitable than Rexford initially Put lose this advantage

D : consistently be more profitable than Rexford due to not funding training programs

Answer: B

Question 5

Which one of the following statements best defines datagovernance?

Options :

A : Procedures implemented by the board of directors to manage data.

B : A framework used to oversee the availability, usability and integrity of data

C : The company-s framework for supervising and managing the IT function

D : The corporate records retention policy setting out the contents of the system data records

Answer: C