Question 1

Vertical integration of the supply chain occurs when:

Accepted Answer

A) One organization owns all of the companies capable of accomplishing a specific task. 
B) All of the organizations that can accomplish a specific task are located in one geographic region. 
C) Several organizations agree to produce a single product under a common label. 
D) One organization owns the supply chain from raw materials through distribution and sales. 
A) One organization owns all of the companies capable of accomplishing a specific task. 
B) All of the organizations that can accomplish a specific task are located in one geographic region. 
C) Several organizations agree to produce a single product under a common label. 
D) One organization owns the supply chain from raw materials through distribution and sales.

Question 2

What does IP stand for?

Accepted Answer

A) Internet process 
B) Internal protocol 
C) Internet protocol 
D) Internal process 
A) Internet process 
B) Internal protocol 
C) Internet protocol 
D) Internal process

Question 3

The current standard HTML 5 has the following benefits over previous versions:

Accepted Answer

A) Allows a much richer use of video and audio 
B) Improved connectivity 
C) Better security 
D) Both A and C 
A) Allows a much richer use of video and audio 
B) Improved connectivity 
C) Better security 
D) Both A and C

Question 4

One advantage in the B2B e-business environment is that operations costs can be reduced through inventory reductions and efficiencies can be increased by location of nearby assets when needed.

Accepted Answer

A) True 
 B)False

Question 5

The differentiating factor between B2C and B2B is where B2C might purchase two books; a B2B purchase might involve ten thousand books.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following is an example of a B2B transaction?

Accepted Answer

A) A student buying a book on Amazon.com 
B) A person downloading a song purchased from the Apple Store 
C) McDonalds placing an order for more hamburger rolls through their company computer 
D) Buying a laptop at Dell.com and picking it up at the local retail store 
A) A student buying a book on Amazon.com 
B) A person downloading a song purchased from the Apple Store 
C) McDonalds placing an order for more hamburger rolls through their company computer 
D) Buying a laptop at Dell.com and picking it up at the local retail store

Question 7

This type of address is the unique information that allows a specific website or server to be located.

Accepted Answer

A) URL 
B) DNS 
C) IP 
D) HTML 
A) URL 
B) DNS 
C) IP 
D) HTML

Question 8

An example of a URL is:

Accepted Answer

A) cjb@jhs-email.com. 
B) http://www.cjb.org. 
C) jhs-email.com. 
D) All of the above, A, B, and C, are examples of URLs. 
A) cjb@jhs-email.com. 
B) http://www.cjb.org. 
C) jhs-email.com. 
D) All of the above, A, B, and C, are examples of URLs.

Question 9

In XBRL complex financial statements are presented only in a static mode.

Accepted Answer

A) True 
 B)False

Question 10

An example of vertical integration is a manufacturer who mines the raw materials, produces the product, and then sells it in company owned stores.

Accepted Answer

A) True 
 B)False

Question 11

The AICPA's Trust Services Principles practice that states a specific person or persons should be assigned the responsibility to insure that privacy practices are followed by employees is under the title of:

Accepted Answer

A) Monitoring and enforcement. 
B) Security for privacy. 
C) Management. 
D) Choice and consent. 
A) Monitoring and enforcement. 
B) Security for privacy. 
C) Management. 
D) Choice and consent.

Question 12

An extranet is a:

Accepted Answer

A) Private network accessible only to the employees of a company. 
B) Public network accessible by the customers and vendors of a company. 
C) Public network accessible by the entire supply chain of a company. 
D) Private network accessible by select members of the supply chain. 
A) Private network accessible only to the employees of a company. 
B) Public network accessible by the customers and vendors of a company. 
C) Public network accessible by the entire supply chain of a company. 
D) Private network accessible by select members of the supply chain.

Question 13

E-business is the use of electronic means to enhance business processes.

Accepted Answer

A) True 
 B)False

Question 14

TCP/IP is an abbreviation for terminal communications protocol/Internet protocol.

Accepted Answer

A) True 
 B)False

Question 15

Advantages of e-commerce include all EXCEPT:

Accepted Answer

A) A narrower market for goods and services. 
B) Increased access to information. 
C) The lack of geographic constraints. 
D) All of the answers, A, B, and C, are advantages of e-commerce. 
A) A narrower market for goods and services. 
B) Increased access to information. 
C) The lack of geographic constraints. 
D) All of the answers, A, B, and C, are advantages of e-commerce.

Question 16

A strength of the supply chain concept is that inconsistencies or poor quality within the supply chain will be compensated by other strengths resulting in an overall satisfactory product.

Accepted Answer

A) True 
 B)False

Question 17

Select the correct statement from the following.

Accepted Answer

A) XML is extensible markup language while XBRL is extensible business reporting language. 
B) XML is extensive markup language while XBRL is extensive business reporting language. 
C) XML is example markup language while XBRL is example business reporting language. 
D) XML is extensible manipulation language while XBRL is extensible business reporting language. 
A) XML is extensible markup language while XBRL is extensible business reporting language. 
B) XML is extensive markup language while XBRL is extensive business reporting language. 
C) XML is example markup language while XBRL is example business reporting language. 
D) XML is extensible manipulation language while XBRL is extensible business reporting language.

Question 18

The AICPA's Trust Services Principles practice that states that only the data that is necessary for the purpose of conducting the transaction should be collected is under the title of:

Accepted Answer

A) Use and retention. 
B) Collection. 
C) Choice and consent. 
D) Security for privacy. 
A) Use and retention. 
B) Collection. 
C) Choice and consent. 
D) Security for privacy.

Question 19

XML is a rich language that facilitates the exchange of data between organizations via web pages.

Accepted Answer

A) True 
 B)False

Question 20

E-commerce only involves transactions between the business and its customers.

Accepted Answer

A) True 
 B)False

Vertical integration of the supply chain occurs when:

What does IP stand for?

The current standard HTML 5 has the following benefits over previous versions:

One advantage in the B2B e-business environment is that operations costs can be reduced through inventory reductions and efficiencies can be increased by location of nearby assets when needed.

The differentiating factor between B2C and B2B is where B2C might purchase two books; a B2B purchase might involve ten thousand books.

Which of the following is an example of a B2B transaction?

This type of address is the unique information that allows a specific website or server to be located.

An example of a URL is:

In XBRL complex financial statements are presented only in a static mode.

An example of vertical integration is a manufacturer who mines the raw materials, produces the product, and then sells it in company owned stores.

The AICPA's Trust Services Principles practice that states a specific person or persons should be assigned the responsibility to insure that privacy practices are followed by employees is under the title of:

An extranet is a:

E-business is the use of electronic means to enhance business processes.

TCP/IP is an abbreviation for terminal communications protocol/Internet protocol.

Advantages of e-commerce include all EXCEPT:

A strength of the supply chain concept is that inconsistencies or poor quality within the supply chain will be compensated by other strengths resulting in an overall satisfactory product.

Select the correct statement from the following.

The AICPA's Trust Services Principles practice that states that only the data that is necessary for the purpose of conducting the transaction should be collected is under the title of:

XML is a rich language that facilitates the exchange of data between organizations via web pages.

E-commerce only involves transactions between the business and its customers.

Introduction to AIS

Foundational Concepts of the AIS

Fraud, Ethics, and Internal Control

Internal Controls and Risks in IT Systems

IT Governance

Erp Systems

Auditing Information Technology Bases Processes

Revenue and Cash Collection Processes

Expenditures Processes and Controls - Purchases

Expenditures Processes and Controls Payroll and Fixed Assets

Conversion Processes and Controls

Administrative Processes and Controls

Data and Databases

Filters

Exam 14: Ecommerce and Ebusiness

Vertical integration of the supply chain occurs when:

What does IP stand for?

The current standard HTML 5 has the following benefits over previous versions:

One advantage in the B2B e-business environment is that operations costs can be reduced through inventory reductions and efficiencies can be increased by location of nearby assets when needed.

The differentiating factor between B2C and B2B is where B2C might purchase two books; a B2B purchase might involve ten thousand books.

Which of the following is an example of a B2B transaction?

This type of address is the unique information that allows a specific website or server to be located.

An example of a URL is:

In XBRL complex financial statements are presented only in a static mode.

An example of vertical integration is a manufacturer who mines the raw materials, produces the product, and then sells it in company owned stores.

The AICPA's Trust Services Principles practice that states a specific person or persons should be assigned the responsibility to insure that privacy practices are followed by employees is under the title of:

An extranet is a:

E-business is the use of electronic means to enhance business processes.

TCP/IP is an abbreviation for terminal communications protocol/Internet protocol.

Advantages of e-commerce include all EXCEPT:

A strength of the supply chain concept is that inconsistencies or poor quality within the supply chain will be compensated by other strengths resulting in an overall satisfactory product.

Select the correct statement from the following.

The AICPA's Trust Services Principles practice that states that only the data that is necessary for the purpose of conducting the transaction should be collected is under the title of:

XML is a rich language that facilitates the exchange of data between organizations via web pages.

E-commerce only involves transactions between the business and its customers.

Introduction to AIS

Foundational Concepts of the AIS

Fraud, Ethics, and Internal Control

Internal Controls and Risks in IT Systems

IT Governance

Erp Systems

Auditing Information Technology Bases Processes

Revenue and Cash Collection Processes

Expenditures Processes and Controls - Purchases

Expenditures Processes and Controls Payroll and Fixed Assets

Conversion Processes and Controls

Administrative Processes and Controls

Data and Databases

Filters