ISEE mcq questions and answers

Information systems and engineering economics mcq sppu

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isee mcq questions and answers for TE sppu online exam and information systems and engineering economics mcq are given below with answers. These are the isee sppu mcq taken from information systems and engineering economics mcq sppu question bank.

Q. 1. The practice of charging an interest rate only to the principal amount is
A : simple interest
B : compound interest
C : plain interest
D : complex interest

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simple interest

Q. 2. A Software that is used to run special purpose processors, which are used
in cars, home appliances, medical devices, etc. is reffered as

A : Application software
B : System Software
C : Embedded Software
D : Special software

Application software

Q. 3. Decisions that have a medium term scope and are taken by managers and
supervisors are called as

A : Operational decisions
B : Strategic decisions
C : Tactical decisions
D : Simple decisions

Tactical decisions

Q. 4. The books value of an asset is obtained by deducting depreciation from its
A : Market value
B : Scrap value
C : Market plus Cost price
D : Cost

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Market value

Q. 5. Moral rules and codes of behaviour for social engagement is
A : Ethics
B : Privacy
C : Personal isssues
D : Private issues

Personal isssues

Q. 6. Incurred cost is
A : cost that related to management capable of tracking specific items
B : cost related to overhead & to measure income
C : cost divided according to functional areas
D : cost which are charged against revenue

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cost that related to management capable of tracking specific items

Q. 7. An application software that is used across the organisation and provides
many services is refffered as

A : Application software
B : System Software
C : Enterprise Software
D : Embedded Software

Application software

Q. 8. Inflation is the state in which
A : The value of money decreases
B : The value of money increases
C : The value of money is constant
D : The value of money is very fluctuating

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The value of money is very fluctuating

Q. 9. What is a interest period ?
A : A period of time, which determines how frequently interest is calculated
B : A cost of time, in which determines how frequently interest is calculated.
C : A value of time, in which determines how yearly interest is calculated.
D : A value of time, in which determines how annual loss is calculated.

A period of time, which determines how frequently interest is calculated

Q. 10. A financial statement that shows the inflows and outflows of cash during
a particular period of time is known as

A : Income statement
B : Statement of retained earning
C : Balance sheet
D : Statement of cash flows

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Statement of retained earning

Information systems and engineering economics mcq sppu

Q. 11. CPI stands for
A : Consumer price index
B : Complex price index
C : Constant price index
D : Complete price index

Complex price index

Q. 12. Goods whose main content is information such as music, scores, videos
or news are referred as

A : Solid goods
B : Information goods
C : Experience goods
D : Physical goods

Information goods

Q. 13. MARR stands for
A : Minimum attractive rate of return
B : Maximum attractive rate of return
C : Minimum attractive rate of receipt
D : Maximum attractive rate of receipt

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Minimum attractive rate of return

Q. 14. Cash paid for preferred stock dividends should be shown on the
statement of cash flows under?

A : Investing activities
B : Financing activities
C : Noncash investing and financing activities
D : Operating activities

Noncash investing and financing activities

Q. 15. Dollar amounts that reflects the purchasing power of year zero dollars is
A : Actual dollars
B : Conatant dollars
C : Fix dollars
D : Variable dollars

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Variable dollars

Q. 16. Time value of money is measured in terms of
A : Principal
B : interest rate
C : cost
D : time

interest rate

Q. 17. Which of the following are types of engineering economic decisions ?
A : service improvement
B : equipment and process selection
C : equipment replacement
D : All of the above

service improvement

Q. 18. is a high level diagram that illustrates data flows between
people,processes and data storage

A : Flow Diagram
B : Data Flow Diagram
C : Flowcharts
D : Data Full in Disk

Data Full in Disk

Q. 19. Competing product that are of a different nature but do the same job are
A : Substitute products
B : Information products
C : Gift products
D : Experience products

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Substitute products

Q. 20. The financial statement showing a firm’s accounting value on a
particular date is known as

A : Income statement
B : Balance sheet
C : Statement of cash flows
D : Shareholder’s equity sheet

Balance sheet

Q. 21. A fund accumulated by periodic deposits and reserved exclusively for a
specific purpose, such as retirement of a debt

A : Sinking Fund
B : Principal
C : interest
D : reserve fund

Principal

Q. 22. A rate which combines the effect of interest & inflation and use in actual
dollar analysis is called as

A : Market interest rate
B : Inflation free interest rate
C : Simple interest rate
D : Compound interest rate

Market interest rate

Q. 23. Collection of computers, software, networks and people who create,
store, modify and distribute data and information in any organization is called as

A : Information system
B : Society
C : organisation
D : Group

Information system

Q. 24. What is a Commertial bid?
A : Specification of hardware, software and network made by potential vendor to
address the need of an orgaization
B : The prices specified for a specific technical bid made by a vendor
C : Product supplied by vendor
D : Profit earned by vendor

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The prices specified for a specific technical bid made by a vendor

Q. 25. Depreciation is
A : An income
B : An asset
C : A loss
D : A liability

An asset

Q. 26. Organisation is
A : Collection of people with shared goals
B : Collection of people
C : Collection of programmers
D : Collection of Analyst

Collection of programmers

Q. 27. Where an organisation’s IT infrastructure is located and managed from a
central point is called as

A : Centralised IT
B : Decentralised IT
C : Office
D : Warehouse

Centralised IT

Q. 28. A raw collection of facts maintained in unprocessed form is
A : Information
B : Data
C : Knowlege
D : Skill

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Data

Q. 29. The accounting statement that measures the revenues, expenses, and net
income of a firm over a period of time is called as

A : statements of cash flows
B : income statement
C : balance sheet
D : net working capital schedule

income statement

Q. 30. Problems involving the time value of money can be conveniently
represented in graphic form with

A : data flow diagram
B : cash flow diagram
C : flow chart
D : flow diagram

cash flow diagram

Q. 31. What is Return of Investment (ROI) ?
A : Profit earned by company
B : Numerical measure of the financial value of an investment
C : Loss incured by company
D : Investment

Profit earned by company

Q. 32. MySQL and PostgreSQL are examples of
A : proprietary databases
B : popular open source databases
C : databases owned by Oracle corporation
D : databases owned by Sun Microsystems

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databases owned by Oracle corporation

Q. 33. First year’s inflation rate is 4 percent, second year’s inflation rate is 8
percent, with a base price of 100 dollars. What is the price at the end second year
with the process of compounding ?

A : 112.32 dollars
B : 113.32 dollars
C : 114.32 dollars
D : 115.32 dollars

115.32 dollars

Q. 34. The process of moving some processes to a partner or vendor is
A : Off shoring
B : Outsourcing
C : supply chain
D : demand chain

demand chain

Q. 35. The order of a relationship between two entities is called
A : multiplicity
B : Cardinality
C : depth
D : weight

multiplicity

Q. 36. When the firm’s purpose for their information infrastructure is to make
its data and information available to those who are authorized to use it, the firm
is seeking the objective of

A : Availibility
B : Confidentiality
C : Integrity
D : Security

Availibility

Q. 37. If you experience a 6 percent annual inflation, how long does it take to
see the purchasing power being reduced by half?

A : 11 years
B : 12 years
C : 14 years
D : 15 years

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14 years

Q. 38. Suppose you deposit Rs 1000 in a saving bank account that pays interest
at the rate of 8 percent per year. Assume you do not withdraw the interest earned
at the end each year but instead let it accumulate. How much would you have at
the end of three years

A : Rs 1259.71
B : Rs 1359.71
C : Rs 1459.71
D : Rs 1559.71

Rs 1359.71

Q. 39. The combination of hardware, operating system and application
software that is available on most computers is referred as

A : Information tchnology
B : General platform
C : Technology platform
D : Specific platfoem

Information tchnology

Q. 40. Economics is
A : the study of the markets for stocks and bonds
B : the study of choice under conditions of scarcity
C : exclusively the study of business firms
D : fundamentally the same as sociology

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the study of the markets for stocks and bonds

Information systems and engineering economics mcq SPPU

Q. 41. Assets are listed on the balance sheet in order of
A : Decreasing liquidity
B : Decreasing size
C : Increasing size
D : Relative life

Decreasing size

Q. 42. For IT Interaction Model Outcomes will have
A : First-order effects
B : Second-order effects
C : Third-order effects
D : All of the above

First-order effects

Q. 43. Which of the following is used for selecting the best alternative from
among a set of mutually exclusive alternatives in economic analysis ?

A : Present worth analysis
B : Annual cash flow
C : Rate of return
D : All of the above

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Present worth analysis

Q. 44. Centralized IT system is best suited for
A : Small sized organization
B : Large Sized Organization
C : Complex flow organization
D : Huge Organization

Complex flow organization

Q. 45. Under the fixed installment method of providing depreciation it is
calculated on

A : Original cost
B : on balance amount
C : On scrap value
D : None of them

On scrap value

Q. 46. The cash flow to creditors include the cash
A : Received by the firm when payments are paid to suppliers
B : Outflow of the firm when new debet is aquired
C : Outflow when interest is paid on outstanding depth
D : Inflow when accounts payable decreases

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Outflow of the firm when new debet is aquired

Q. 47. The average starting salary for engineers for 2008 is Rupees 53000. What
is the equivalent salary in terms of purchasing power of 2000? Assume that the
general inflation rate over the last 8 years is known to be 4 percent.

A : Rupees 52534
B : Rupees 62534
C : Rupees 72534
D : Rupees 82534

Rupees 62534

Q. 48. The present worth of a constant annual cost over an analysis period that
extends to infinite is called

A : Capitalized cost
B : Net cost
C : Fix cost
D : Variable cost

application layer Variable cost

Q. 49. Criteria that measures how quickly project will return its original
investment is?

A : pay back period
B : internal rate of return
C : benefit cost ratio
D : Accounting rate of return

pay back period

Q. 50. When an information product is acquired by a user and used for some
time , the user is restricted from giving up on the product owing to reasons of
habit, cost or some benefit is known as

A : Lock in
B : freezing
C : copyright
D : trademark

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Lock in

ISEE mcq questions and answers

Q. 51. Which of the following statements is incorrect?
A : The simplicity of the payback period method is one of its most appealing qualities
even though it fails to measure project profitability.
B : If two investors are considering the same project, the payback period will be longer
for the investor with the higher MARR.
C : Considering the cost of funds in a payback calculation is equivalent to finding the
time period when the project balance becomes zero.
D : If you were to consider the cost of funds in a payback period calculation, you would
have to wait longer to breakeven as you increase the interest rate.

The simplicity of the payback period method is one of its most appealing qualities even though it fails to measure project profitability.

Q. 52. Which is true for Cookies?
A : Cookies never track user activity online but maintain personal details, posing a
threat to privacy
B : Cookies track user activity online and even maintain personal details, posing a
threat to privacy.
C : Cookies track user activity online but do not maintain personal details, and never
pose a threat to privacy.
D : Cookies have nothing to do with personal details, threat to privacy

Cookies track user activity online and even maintain personal details, posing a threat to privacy.

Q. 53. A negative cash flow to stockholders indicates a firm
A : had a negative cash flow from assets
B : had a positive cash flow to crditors
C : repurshed more share than it sold
D : received more from selling stock than it paid out to shareholders

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received more from selling stock than it paid out to shareholders

Q. 54. Select the order of waste management hierarchy, from most to least
favoured.

A : Prevention Recycle Reuse Disposal
B : Prevention Reuse Disposal Recycle
C : Prevention Disposal Reuse Recycle
D : Prevention Reuse Recycle Disposal

Prevention Recycle Reuse Disposal

Q. 55. Phone conversation is an example of
A : Synchonous Communication
B : Asynchonous Communication
C : Simplex communication
D : Half Duplex communication

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Asynchonous Communication

Q. 56. Ajusted discount method used for actual dollar analysis uses
A : one step
B : Two steps
C : Three steps
D : Four Steps

Two steps

Q. 57. Workforce process management, Manager self service,Enterprise
compensation management,E Recruitment, Organisational management,
Organisational learning are included in

A : Finance and Accounting Module
B : Human Resource Management Module
C : Manufacturing and Operations Module
D : Sales and Marketing Module

Finance and Accounting Module

Q. 58. In cash flows, when a firm invests in fixed assets and short-term financial
investments results in

A : Increased Equity
B : Increased Liabilities
C : Decreased Cash
D : Increased Cash

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Decreased Cash

Q. 59. Which is true for IT Monarchy?
A : Decision making is done by business, department or unit heads
B : Decision making is done exclusively by the head of IT in the organization
C : All decision making powers held by the heads of the organization
D : Decision making is done jointly by the business heads and the unit heads

Decision making is done jointly by the business heads and the unit heads

Q. 60. With regard to a word processing software, the process of combining
static information in a publication together with variable information in a data
source to create one merged publication is called

A : Mail merge
B : spam
C : trash
D : Mail Fix

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spam

ISEE mcq pdf

isee mcq questions and answers, isee mcq pdf, isee sppu mcq, information systems and engineering economics mcq, information systems and engineering economics mcq sppu, information systems and engineering economics mcq pdf, information systems and engineering economics sppu mcqs

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