Transactions between businesses are frequently handled through electronic media. Business to business transactions, often called B2B transactions, typically happen.
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1 .Which type of economic market structure is characterized by many firms selling a differentiated product with no significant barriers to entry?
A Monopoly. B Oligopoly. C Perfect competition. D Monopolistic competition.
2 .In which of the following situations would there be inelastic demand?
A 5% price increase results in a 3% decrease in the quantity demanded. B 4% price increase results in a 6% decrease in the quantity demanded. C 4% price increase results in a 4% decrease in the quantity demanded. D 3% price decrease results in a 5% increase in the quantity demanded.
3 .Which of the following procedures would an entity most likely include in its disaster recovery plan?
A Convert all data from EDI format to an internal company format. B Maintain a Trojan horse program to prevent illicit activity. C Develop an auxiliary power supply to provide uninterrupted electricity. D Store duplicate copies of files in a location away from the computer center.r. ?
4 .Whatisthehierarchyofdataorganization,fromsmallest to largest unit, for a relational database?
A Bit, byte, field, record, table, database. B Byte, bit, record, field, table, database. C Byte, bit, table, field, record, database. D Database, table, field, record, byte, bit.
5 .Which of the following statements concerning intranets is incorrect?
A A firewall is needed to ensure that unauthorized Internet users cannot access an organization's intranet. B In order to gain access to an intranet, a user generally must enter a password. C An intranet web browser is different from an Internet web browser. D An intranet connects geographically sep...
7 .Intranets are distinguished from the Internet by what feature?
A Intranets do not allow access to the Internet. B Internets allow general access while intranets allow only private access specified by the intranet sponsor. C Intranets provide read only information that is not downloadable. D Only Internet users can "surf" for information.
8 .Vulnerable Corporation has its data centers in Ft. Lauderdale, Miami, and Galveston. Since each of these locations is somewhat susceptible to hurricanes, Vulnerable is considering developing a disaster recovery plan. Which of the following statements is/are incorrect for disaster recovery? I. Vulnerable uses application software packages. The license agreements for the packages usually provide the license holder the right to make backup copies of the software for disaster recovery purposes. II. Disaster recovery plans are limited to the restoration of IT processing. III. The major emphasis in disaster recovery is on the restoration of hardware and telecommunication services.
A I, II, and III are incorrect. B II and III only are incorrect. C I and II only are incorrect. D . I and III only are incorrect.
9 .What type of computer system is characterized by data that are assembled from more than one location and records that are updated immediately?
A Micro computer system. B Mini computer system. C Batch processing system. D Online real-time system.
10 .Which of the following characteristics distinguishes electronic data interchange (EDI) from other forms of electronic commerce?
A EDI transactions are formatted using the standards that are uniform worldwide. B EDI transactions need not comply with generally accepted accounting principles. C EDI transactions ordinarily are processed without the Internet. D EDI transactions are usually recorded without security and privacy co...
