All of the Following Are Intangible Benefits of Information Systems

question 70

Multiple Choice

All of the following are intangible benefits of information systems except:

• A)improved asset utilization.
• B)increased organizational learning.
• C)improved operations.
• D)reduced workforce.
• E)improved decision making.

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Definitions:

Direct Material B

Specified materials that are directly traceable to the manufacturing of a product and constitute a significant portion of production cost.

Finished Goods Inventory

Manufactured products that are complete and ready for sale, recorded as an asset on the balance sheet until sold.

Raw Materials Inventory

The total cost of all the components and materials held by a company that are eventually used in the production process.

Gross Margin

The difference between the revenue earned from sales and the cost of goods sold, indicating the profitability from the core business activities before administrative and other expenses.