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Questions and Answers
Which stakeholders are included in the system of top management?
Which stakeholders are included in the system of top management?
- Investors
- Suppliers
- Employees
- Customers (correct)
What are the horizontal flows of information primarily used for at the operations level?
What are the horizontal flows of information primarily used for at the operations level?
- Capture transaction and operations (correct)
- Financial reporting
- Internal control
- Strategic decision-making
What are the two main stages in the evolution of information systems mentioned in Chapter 1?
What are the two main stages in the evolution of information systems mentioned in Chapter 1?
- Manual systems and computerized systems (correct)
- Internal control and external reporting
- Information input and information output
- Data collection and data analysis
What are the three roles of accountants in an information system according to Chapter 1?
What are the three roles of accountants in an information system according to Chapter 1?
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Study Notes
Stakeholders in Top Management
- Top management includes stakeholders such as executives, senior management, and other high-level decision-makers
Horizontal Flows of Information
- Horizontal flows of information at the operations level are primarily used for coordination and communication among different departments and units
Evolution of Information Systems
- There are two main stages in the evolution of information systems:
- Stage 1: Data Processing (focusing on automation of specific tasks and processes)
- Stage 2: Information Management (focusing on integrating systems and providing strategic support)
Roles of Accountants in an Information System
- According to Chapter 1, accountants play three key roles in an information system:
- System developers and designers
- System auditors and evaluators
- System users and analysts
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