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Additional resources for ACCA F1 Accountant in Business Course Notes ACF1CN07
5 What is not an example of an internally generated source of information? A Personnel records B Production department information C Customer listing D Industry wide analysis of market shares (2 marks) Good information has specific qualities. Which of the following is not such a quality? A Complete B Authoritative C Non-targeted D Timely (2 marks) It is essential that information systems have contingency controls. True or false? A True B False (1 mark) Which of the following is not an advantage of a database?
Evaluate stakeholder groups and how they can be managed. Exam Context Cultural influences provide a good source of potential exam questions. There is such a question on the pilot paper. Stakeholders too are very important – worth four marks n the pilot paper. Qualification Context An understanding of organisational culture will be helpful when studying P3 (Business Analysis). Business Context Managers and corporate leaders need to understand the formal and informal culture of their organisations, if they are to maximise the achievement of the organisation's objectives.
The type of information which an intranet may be used to distribute could be company-wide information such as the company newsletter, staff hand-book, job vacancies and key operational information. 3 An extranet is a secure private extension of a company's intranet, it can be accessed by authorised outsiders. 1 Organisations must set up suitable controls to reduce significant risks to IT systems and data. Lecture example 6 Class exercise Give an example of the risks below, and suggest a suitable control.