The Three Activities in an Information System That Produce the Information

question 83

Multiple Choice

The three activities in an information system that produce the information organizations use to control operations are

• A) information retrieval, research, and analysis.
• B) input, output, and feedback.
• C) input, processing, and output.
• D) data analysis, processing, and feedback.

---

Definitions:

Budgeted Cost Systems

Accounting systems that use budgets to project the costs of operating a business, typically used for planning and control purposes.

Standards

Established requirements, specifications, guidelines, or characteristics to be used consistently to ensure that materials, products, processes, and services are fit for their purpose.

Product Costs

Direct costs attributable to the creation of a product, including direct labor, materials, and manufacturing overhead.

Cost Standards

Cost standards refer to pre-determined costs for products, operations, or projects, used as benchmarks for measuring actual performance or costs.