Question Tag: Technology

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  • 5 Marks

BMIS-Nov-2024-L1-Q3c-Explanation of a “51% Attack” in Blockchain

Defines a "51% attack" in blockchain and explains its implications.

Blockchain consists of multiple ‘blocks’ of digital information which are held in a public database known as a ‘chain’. Blockchain technology offers a number of advantages. However, it is susceptible to a form of cyber-attack known as 51% attack.
Required:
Explain what is meant by “51% attack”.

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Has Case Study
  • 6 Marks

SCS – Nov 2023 – L3 – Q4c – Controlling Risk

Identifying and explaining four production resource planning needs to manage production capacity challenges.

It is evident that NSL has capacity challenges, and this has impacted the decision to expand to other markets. To succeed, NSL must plan to obtain the resources that it will need each year to meet the required capacity levels.

Required:
Identify and explain FOUR (4) production resource planning needs that NSL should focus on to effectively manage its production capacity challenges.
(6 marks)

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  • 20 Marks

MI – Nov 2014 – L1 – SB – Q6 – Business Process Technologies

This question explores the role of technology in enhancing business value and the steps to determine business values through technology strategy.

The initial principle identified from analysing the world’s regulations is Technology Strategy Orchestration. While most businesses around the world have established a technical awareness and dependency on technology, referred to as Directional Alignment, others have not integrated the business functions to reflect this relationship. The more organizations have visibility into how business processes rely on technology and the subsequent dependent relationships, the more likely business values will be identified and leveraged.

You are required to:
a. State and explain briefly THREE ways that technology may enhance businesses. (6 Marks)

b. State FOUR features of Directional Alignment. (6 Marks)

c. State FIVE steps to be followed in the determination of the business values provided by Technology Strategy. (8 Marks)

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  • 1 Marks

BMF – Nov 2023 – L1 – SA – Q2 – Communications in Business

Identify what the acronym “HTML” represents.

Which of the following is represented by the acronym “HTML”?
A. Hyper Test Mark Language
B. Hyper Text Mark Land
C. Hypo Text Markup Languages
D. Hypo Text Mark Language
E. Hyper Text Markup Language

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  • 1 Marks

FA – Nov 2023 – L1 – SA – Q20 – Roles of Accountants in Business and the Economy

Assess the impact of technology-driven disruption on the accounting profession.

How has technology-driven disruption affected the accounting profession over time?

  • A. It shielded accounting from disruptions, leading to minimal changes in the industry
  • B. The transition to computerized accounting eliminated the need for accountants’ involvement
  • C. Accountants adapted to a machine-driven environment through new technology and automation
  • D. The accounting profession has seen a decline in employment opportunities due to technological advancements
  • E. Technology has complicated accounting practices without any beneficial outcomes

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  • 1 Marks

Title: FA – Nov 2023 – L1 – SA – Q9 – Roles of Accountants in Business and the Economy

Assess the impact of technological advancement on accounting operations.

Which of the following best describes the impact of technological advancement on accounting operations?

  • A. Technology has made accounting more complex and less efficient, leading to data analysis challenges
  • B. Technological advancements have had no significant effect on accounting practices and financial organisations
  • C. The use of technologically advanced software has made accounting more efficient, particularly in data analysis, financial organisation and measuring economic activities
  • D. Accounting operations have become slower due to the integration of technologically advanced software
  • E. Technology has made accounting easier, but it has not improved data analysis of financial organisations

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  • 4 Marks

MI – May 2023 – L1 – SB – Q4c – Information Systems

This question asks for the definition and examples of open source software.

What is “open source software”? State TWO examples.

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  • 1 Marks

BMF – Mar July 2020 – L1 – SA – Q20 – Communications in Business

Identifying an advantage of video conferencing.

One of the advantages of video conferencing is
A. Anxiety
B. Signal quality
C. Appearance consciousness
D. Eye contact
E. Telecommuting

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  • 4 Marks

MA – Nov 2021 – L2 – Q2b – Models of evaluation Quality

Identify challenges in developing Business Process Re-engineering (BPR).

b) Technology is what moves the wheel of competition. For example, banks have moved away from the cumbersome processes of cash deposits and withdrawals over the years. In fact, with some banks, customers can transact business in the comfort of their homes through internet banking. This is an aspect of Business Process Re-engineering (BPR).

Required:
State FOUR (4) challenges to be faced when developing BPR. (4 marks)

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  • 20 Marks

BMIS – Nov 2015 – L1 – Q2 – Business and organisational structure, Introduction to information technology and information systems

Explain Business Process Re-engineering (BPR) and discuss how technology can change business activities.

CLife is a large manufacturing firm dealing in several product lines. Currently, there are plans to explore other foreign markets for its products. Forty staff are tasked with matching goods received notes with orders and then with invoices.

It has been observed that an appreciable length of time is spent trying to find out why some of the sets of three documents do not agree.

While some managers recommend the computerisation of the existing process to facilitate matching, others propose the use of Business Process Re-engineering.

a) Explain Business Process Re-engineering.

(3 marks)

b) State FIVE characteristics of a re-engineered business process. (5 marks)
c) Explain SIX examples of how technology can change the way business activities are conducted, with reference to the CLife scenario where appropriate. (12 marks)

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  • 5 Marks

BMIS-Nov-2024-L1-Q3c-Explanation of a “51% Attack” in Blockchain

Defines a "51% attack" in blockchain and explains its implications.

Blockchain consists of multiple ‘blocks’ of digital information which are held in a public database known as a ‘chain’. Blockchain technology offers a number of advantages. However, it is susceptible to a form of cyber-attack known as 51% attack.
Required:
Explain what is meant by “51% attack”.

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Has Case Study
  • 6 Marks

SCS – Nov 2023 – L3 – Q4c – Controlling Risk

Identifying and explaining four production resource planning needs to manage production capacity challenges.

It is evident that NSL has capacity challenges, and this has impacted the decision to expand to other markets. To succeed, NSL must plan to obtain the resources that it will need each year to meet the required capacity levels.

Required:
Identify and explain FOUR (4) production resource planning needs that NSL should focus on to effectively manage its production capacity challenges.
(6 marks)

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  • 20 Marks

MI – Nov 2014 – L1 – SB – Q6 – Business Process Technologies

This question explores the role of technology in enhancing business value and the steps to determine business values through technology strategy.

The initial principle identified from analysing the world’s regulations is Technology Strategy Orchestration. While most businesses around the world have established a technical awareness and dependency on technology, referred to as Directional Alignment, others have not integrated the business functions to reflect this relationship. The more organizations have visibility into how business processes rely on technology and the subsequent dependent relationships, the more likely business values will be identified and leveraged.

You are required to:
a. State and explain briefly THREE ways that technology may enhance businesses. (6 Marks)

b. State FOUR features of Directional Alignment. (6 Marks)

c. State FIVE steps to be followed in the determination of the business values provided by Technology Strategy. (8 Marks)

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  • 1 Marks

BMF – Nov 2023 – L1 – SA – Q2 – Communications in Business

Identify what the acronym “HTML” represents.

Which of the following is represented by the acronym “HTML”?
A. Hyper Test Mark Language
B. Hyper Text Mark Land
C. Hypo Text Markup Languages
D. Hypo Text Mark Language
E. Hyper Text Markup Language

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  • 1 Marks

FA – Nov 2023 – L1 – SA – Q20 – Roles of Accountants in Business and the Economy

Assess the impact of technology-driven disruption on the accounting profession.

How has technology-driven disruption affected the accounting profession over time?

  • A. It shielded accounting from disruptions, leading to minimal changes in the industry
  • B. The transition to computerized accounting eliminated the need for accountants’ involvement
  • C. Accountants adapted to a machine-driven environment through new technology and automation
  • D. The accounting profession has seen a decline in employment opportunities due to technological advancements
  • E. Technology has complicated accounting practices without any beneficial outcomes

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  • 1 Marks

Title: FA – Nov 2023 – L1 – SA – Q9 – Roles of Accountants in Business and the Economy

Assess the impact of technological advancement on accounting operations.

Which of the following best describes the impact of technological advancement on accounting operations?

  • A. Technology has made accounting more complex and less efficient, leading to data analysis challenges
  • B. Technological advancements have had no significant effect on accounting practices and financial organisations
  • C. The use of technologically advanced software has made accounting more efficient, particularly in data analysis, financial organisation and measuring economic activities
  • D. Accounting operations have become slower due to the integration of technologically advanced software
  • E. Technology has made accounting easier, but it has not improved data analysis of financial organisations

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  • 4 Marks

MI – May 2023 – L1 – SB – Q4c – Information Systems

This question asks for the definition and examples of open source software.

What is “open source software”? State TWO examples.

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  • 1 Marks

BMF – Mar July 2020 – L1 – SA – Q20 – Communications in Business

Identifying an advantage of video conferencing.

One of the advantages of video conferencing is
A. Anxiety
B. Signal quality
C. Appearance consciousness
D. Eye contact
E. Telecommuting

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  • 4 Marks

MA – Nov 2021 – L2 – Q2b – Models of evaluation Quality

Identify challenges in developing Business Process Re-engineering (BPR).

b) Technology is what moves the wheel of competition. For example, banks have moved away from the cumbersome processes of cash deposits and withdrawals over the years. In fact, with some banks, customers can transact business in the comfort of their homes through internet banking. This is an aspect of Business Process Re-engineering (BPR).

Required:
State FOUR (4) challenges to be faced when developing BPR. (4 marks)

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  • 20 Marks

BMIS – Nov 2015 – L1 – Q2 – Business and organisational structure, Introduction to information technology and information systems

Explain Business Process Re-engineering (BPR) and discuss how technology can change business activities.

CLife is a large manufacturing firm dealing in several product lines. Currently, there are plans to explore other foreign markets for its products. Forty staff are tasked with matching goods received notes with orders and then with invoices.

It has been observed that an appreciable length of time is spent trying to find out why some of the sets of three documents do not agree.

While some managers recommend the computerisation of the existing process to facilitate matching, others propose the use of Business Process Re-engineering.

a) Explain Business Process Re-engineering.

(3 marks)

b) State FIVE characteristics of a re-engineered business process. (5 marks)
c) Explain SIX examples of how technology can change the way business activities are conducted, with reference to the CLife scenario where appropriate. (12 marks)

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