21. A condition that led to the development of databases was:
A. the proliferation of data files
B. an increase in the amount of data handled by organizations
C. a demand for more data to support informational needs
D. all the above.
E. None of the above
22. The continuing education program that all managers should get into is
A. a seminar series on technical developments in chemistry
B. new developments in accounting
C. information on threats and opportunities faced by the business
D. Ail of the above
E. None of the above
23. A periodic report can facilitate management by exception by
A. including complete alphabetic descriptions for each numeric entry
B. including only those transactions that fall within predetermined limits of acceptable performance
C. consolidation of multiple transactions into a summary form
D. comparing actual performance with acceptable standards
E. None of the above
24. A manager would use a file manipulation language such as APL to cause the computer to
A. produce pre-computed information, such as ratios
B. perform screening and selection of data from the database
C. both (a) and (b)
D. neither (a) nor (b)
E. None of the above
25. The prime concern of financial control is
A. accounting for the liabilities incurred
B. meeting payroll commitments
C. providing financial status information
D. All of the above
E. None of the above