You’re still online Moore’s Law can be described by all of the following but:

A. When deciding to purchase technology, Moore’s law is not relevant.

B. While Moore’s law states that the number of transistors on a chip doubles, its practical
consequence is that IT products become twice as fast and/or half the price about every 18-
24 months.
C. IT hardware will become faster and cheaper and there is no foreseeable end to the
practical consequences of Moore’s law.
D. While the number of transistors on a chip may not double every 18 months, technology
should continue to be a positive yet disruptive force to the business landscape

Cloud computing or Software as a Service (SaaS) can be described by all of the following except:

A. The issues over control, security and network connectivity have been largely overcome
since the advent of the Application Service Providers (ASPs) business model in the late
1980’s.
B. The use of the term cloud is a metaphor for the internet, a collection of WANs.
C. The software or hardware is purchased after some initial term, eg the vendor has
amortized their investment and wants to realize the salvage value.
D. A vendor manages an organization’s data center and/or application(s) including
demand requirements.

Question 3 of 40 1.25 Points

Every Tollgate is an opportunity to:

I. Stop the project and decide to GO or NOT GO forward.

II. Review the original base-lined plan and current status.
III. Sign off the functional specifications / detailed modeled requirements.
IV. Determine the conceptual and physical design options.

A. I only
B. I and III
C. I and II
D. All of the above

Reset Selection

Question 4 of 40 1.25 Points

At each Tollgate which of the following should be reviewed and updated to assess or reassess the project’s
financial viability:
 A. Business Requirements

B. Project Initiation Document

C. Cost Benefit Analysis

D. Cost Projection
Question 5 of 40 1.25 Points

By the conclusion of the feasibility stage all of the following occur, except:

A. Scope is defined including what is in, out, and out but required.

B. Strategic alignment is thought through as at this point in time.

C. A Terms of Reference or some type of initiation document is produced and signed off.

D. A business case including final costs and benefits is guaranteed.

Question 6 of 40 1.25 Points

In this method, the requirements are divided up among teams and each team works with a detailed plan that
is derived from an overall master plan. The whole solution is delivered at the same time.

A. Phased

B. Parallel

C. Prototyping

D. Extreme Programming
Question 7 of 40 1.25 Points

If a project is time-boxed (mandatory delivery date has been set) and fulfilling some requirements can be
delayed, what SDLC approach will be used:

A. Waterfall

B. Phased

C. Parallel

D. Prototyping
Question 8 of 40 1.25 Points
All of the following are reasons to build using your in-house team except:

A. The technology provides a competitive advantage

B. You have the capability to take on the risks involved in building it yourself

C. Your requirements are very unique

D. There is COTS available that meets your requirements

Question 9 of 40 1.25 Points

A team based approach to a procurement should include:

A. Functional Expert Team

B. Cost benefit Team

C. Infrastructure Team

D. As many teams as necessary

Question 10 of 40 1.25 Points

Information can be classified in various levels: strategic planning, management control, and operational
control. Information requirements vary with the level of management activity. Which of the following best
describes the information requirements for strategic planning?

A. Day to Day use, external, detailed granular information

B. Future projections, summarized information

C. Historical, transparent, internal information

D. Wide scope, internal and external, summarized, transparent information

Question 11 of 40 1.25 Points

In this SDLC approach, teams are co-located and requirements, analysis and development occur nearly at the
same time. This is an excellent approach when the requirements or technology being used is completely new
to the organization and outcomes need to be tested as soon as possible.

A. Requirements Typing

B. Prototyping
 C. Parallel

D. Phased
Question 12 of 40 1.25 Points

Which of the following statements about an accounting information system (AIS) is false?

A. An AIS supports day to day operations by collecting and sorting customer, employee,
and supplier non-financial transactions.
B. The information produced by an AIS cannot be made available to teams for use in
planning and controlling an organization.
C. An automated AIS can solve problems where there are ill-defined business
requirements.
D. All the above are false.

Question 13 of 40 1.25 Points

Which one of the following is false?

A. Idea Generation – In this stage the business/IT team creates a high level terms of
reference.
B. Feasibility –This stage creates a detailed solution design and defines the development
activities to build and deliver the solution.
C. Concept –The concept stage defines the requirements and develops an outline design in
order to better estimate the project costs/benefits.
D. Qualify – During the qualify stage the solution is tested.
Question 14 of 40 1.25 Points

An MIS manager has only enough resources to buy a new payroll system or a new data security system, but
not both. Which of the following actions is most appropriate?

A. Giving priority to the security system.

B. Leaving the decision to the MIS manager.
C. Increasing MIS staff output in order for both systems to be installed.
D. Having senior management set the priority through the business – IT – project portfolio
alignment management process.

Question 15 of 40 1.25 Points

Which of the following should be emphasized before designing systems in a new systems development, during
the define and build/buy stage?
 A. Types of processing systems being used by competitors.
B. Computer equipment to be used by the system.
C. The business requirements and processes.
D. The architecture of the current system.

Question 16 of 40 1.25 Points

Which of the following is not a deciding factor in determining whether to build or purchase a new computer
system?

A. Cost of capital (otherwise known

as the WACC, the hurdle rate, or the
cost of money).
B. Availability or Capability of
internal resource.
C. The NPV or IRR of each option.
D. Whether or not the technology
will create a game-changing
strategic advantage .

Question 17 of 40 1.25 Points

In the SDLC, a problem will always result when

A. Programmers take a longer amount of time

to perform some programming tasks than
expected and baselined.
B. Written specifications from the user are
used to develop detailed program code.
C. There is a cost overrun.
D. User functional requirements and system
non-functional requirements are
misunderstood.

Question 18 of 40 1.25 Points

In this method, there is a set of linear and sequenced steps and tasks. In its current use, the majority of each
step is finished before the next step is begun, but the approach allows some iteration. This is a particularly
useful method for outsourcing and in particular offshoring. Because each step is signed off, it makes working
at a distance more controlled. The entire solution is delivered at the same time.

A. Waterfall
 B. Phased
C. Parallel
D. Prototyping

Question 19 of 40 1.25 Points

Information is:

A. What happens when the data exceeds the amount the human mind can absorb.
B. The benefit produced minus the cost of producing the information.
C. Facts that are collected, recorded, stored, and processed by an information system.
D. Data that have been organized and processed to provide a context and meaning to a
user.

Question 20 of 40 1.25 Points

Data must be collected about three facets of each business activity. What are they?

A. The business event, the resources it affects, and the agents who participate.
B. The business activity, the transactions it creates, and the impact on the financial
statements.
C. The inputs, outputs and data stores used.
D. Who is involved, what was sold, and how much was paid.
Question 21 of 40 1.25 Points

The Business Change team has concluded high level analysis that a project may not deliver competitive
advantage. While you have capability in-house, the budget is constrained and key technical resources are
currently unavailable. What should you do:

A. Build the software with an all in-house team;

B. Procure COTS and outsource the configuration and implementation of the solution;
C. Build the software with an outsourced 3rd party supplier;
D. Investigate COTS but delay decision on in-house or outsource resources depending on
scope, time, cost, and quality constraints.

Question 22 of 40 1.25 Points

Benathir Donathat, director of the project committee, has received approval from management for
implementation of a new accounting information system. After putting out an RFP, the committee settled on
an open source Web-based application service provider that will manage all infrastructure (except desktops)
and software required by the system, with fees based on usage. Their decision is to go with

A. COTS software.
B. A proprietary, lock key system.
C. An outsourced, SaaS system.
D. An in-house developed system.

Question 23 of 40 1.25 Points

RACI is a method to clarify the roles and responsibilities for stakeholders in a project. Subject matter experts
that have been seconded (temporarily transferred to another position) to a project to write requirements,
evaluate vendor responses to those requirements, and do other tasks as agreed are __________ those tasks.

A. Responsible for
B. Accountable for
C. Consulted on
D. Informed about

Question 24 of 40 1.25 Points

Total Cost of Ownership (TCO) for an outsourced, turnkey system must include all of the following except:

A. Acquisition costs / one-time purchase costs

B. Vendor services such as ramp down costs as specified in the Ts and Cs
C. Usage costs including maintenance and support
D. Internal organizational costs e.g. creating a new capability
E. All of these should be included

Question 25 of 40 1.25 Points

MoSCoW analysis (Must, Should, Could, Won’t), like point scoring requirements, is a methodology that
results in the analysis and conclusions providing all of the following, except:

A. Faster decision making during that phase of the process.

B. More transparent, verifiable results.
C. A more "fact-based" conclusion because the methodology ultimately results in better
agreement
 D. More fit for purpose, eg prioritized results.

Question 26 of 40 1.25 Points

Review this example strategic alignment map and answer the question that follows: Problem/ Opportunity:
Bad customer satisfaction (CSAT) due to huge process variation Business Strategy: Implement Process
Improvements using Six Sigma to improve CSAT by 33% IT Strategy: Use systems to improve CSAT by
meeting the requirements of the reengineered processes Project: ? Desired Outcome: Reduced variation in
processes results in improved CSAT Which of the following projects would best meet the business
opportunity above?

A. Build a new Customer Relationship Management system / Sales Force. Automation

module.
B. Outsource IT Overhead.
C. Improve CRM, Customer Service Administration System, any customer-interfacing
systems as necesssary.
D. Upgrade Accounts Payable System.

Question 27 of 40 1.25 Points

Review this example strategic alignment map and answer the question that follows: Problem/ Opportunity:
2x Growth available, but limited cash resource for acquisition Business Strategy: IPO 20% of company as
soon as possible IT Strategy: Ensure compliance with SEC regulations e.g. SOX Project: ? Desired Outcome:
Pass pre-audit in advance of SEC audit. Which of the following projects would best meet the needs of the
business opportunity discussed above?

A. Upgrade back-office admin systems.

B. Outsource systems to best in class provider.
C. Gap analysis of compliance regulations against systems and processes.
D. Improve accounting system.

Question 28 of 40 1.25 Points

Which of the following is a functional requirement?

A. Performance Requirements
B. Branding Considerations
C. Business rules and logic
D. Vendor requirements
Question 29 of 40 1.25 Points

You have recently been named the project manager of a system replacement project. After eliciting the initial
set of detailed requirements, you need to order them in importance. You also want to determine what is
“easy” “medium” or “hard” to do in order to make cost determinations. One technique to do both of these
simultaneously is:

A. Joint Application Development (JAD) using Kano

B. Observation using Kano
C. Structured process walkthroughs
D. Point scoring

Question 30 of 40 1.25 Points

A mutually binding document that • obligates the seller to provide the specified products or services, •
obligates the buyer to pay for them, • spells out responsibilities, and • defines key deliverables, is called a:

A. RFP
B. Procurement plan
C. Contract
D. Request for Quotation

Question 31 of 40 1.25 Points

Benefits should be driven top down at initial project stages to determine the NPV as soon as possible. Direct
benefits include all of the following except:

A. Revenue production.
B. Productivity/efficiency increase (cost per unit).
C. Cost avoidance e.g. fines, staff increase.
D. Improved CSAT scores.

Question 32 of 40 1.25 Points

Kano analysis can help determine the relationship between functionality or cost and customer satisfaction.
You and the project team have gathered initial requirements for an upgraded business analytics and
reporting system for your most important client. Which requirement would best fit the “delighter” category?

A. Apache webservers running Linux Red Hat will be deployed.

B. The system must be scalable to support up to 100 users on Day 1 and 1000 concurrent
 users by end of Year 3.
C. By the fourth phase the system will extract, transform and load data from 115
databases.
D. A new report or screen format the client needs that must differentiate between regions
at the zip code level.
Question 33 of 40 1.25 Points

Organizations continually face the need for faster, better, and cheaper ways of obtaining information. A key
reason why companies build systems is to deliver functionality that is not commercially available. Such an
improvement may result in an improved product or service and/or lower costs. This is referred to as a(n)

A. competitive advantage
B. improved business process
C. productivity gain
D. technological change

Question 34 of 40 1.25 Points

The most difficult item to quantify when assessing economic feasibility and transferring to budgets is
___________; therefore a(n) ____________ approach is best

A. Benefits / upfront one-off

B. Costs / iterative
C. Costs, benefits are all of equal difficulty / linear
D. Benefits / iterative

Question 35 of 40 1.25 Points

What is one activity that is NOT one of the responsibilities of accountants in building an AIS to help keep a
project on track?

A. Helping to ensure that the project is on schedule by helping to manage scope creep or
allocating additional funds
B. Measuring and ensuring the benefits are transferred from the project budget to
operational line item budgets
C. Helping programmers review detailed design specifications to meet system design
criteria and coding standards
D. Monitoring project costs to meet agreed expenditures
Question 36 of 40 1.25 Points

Which group below has the most responsibility for ensuring that the new AIS will meet the needs of users?
 A. accountants responsible for signing off key business documents including requirements
and acceptance testing
B. the information system steering committee in charge of escalation and finances
C. the project planning team in charge of scheduling, and allocating tasks and resources
D. the application programmers

Question 37 of 40 1.25 Points

The question of economic feasibility is important when designing and implementing a new system.
Accountants can contribute to feasibility study analysis by evaluating cost savings and other benefits versus
operating costs and other cash outflows and ensuring that project benefits are incorporated into operating
budgets. This is also known as

A. the best guess model of benefit analysis

B. the value added cost model
C. the budgeting process
D. estimated benefits

Question 38 of 40 1.25 Points

Batch processing: updating a database on a routine schedule typically overnight or at month's end used eg to
run payroll when data is not needed immediately. Real-time: writing data to a database so it is immediately
available for retrieval and use. Federal Express stated in one of its mission statements that "positive control
of each package will be maintained by utilizing . . . electronic tracking and tracing systems." This is an
example of which type of data processing?

A. Batch processing which features immediate updating as to the location of packages

B. Real-time processing which features immediate updating with the location of packages
C. Batch processing which features updating at fixed time periods
D. Real-time processing which features updating at fixed time periods such as at the end
of an accounting period

Question 39 of 40 1.25 Points

An antiquated information system used by an office supply manufacturer caused customer dissatisfaction
since it took two days to process a telephone order. After the system was upgraded and redesigned, the time
to process a telephone order was reduced to three minutes. This is a prime example of

A. growth
B. a technological change
 C. a competitive advantage
D. an improved business process

Question 40 of 40 1.25 Points

There are several important aspects to be considered during a feasibility study. The aspect that asks the
question, "Will people be able to use the system?" is called

A. economic feasibility.
B. scheduling capability.
C. technical feasibility.
D. organizational fit or cultural feasibility.