Which of the Following Statements Is TRUE of Personal Information

question 63

Multiple Choice

Which of the following statements is TRUE of personal information systems?

• A) Personal information systems that support a particular department are called workgroup information systems.
• B) Adapting to changes in personal information systems is extremely difficult and time consuming.
• C) Personal information systems have a single user only, and so the procedures are probably not documented or formalized.
• D) The solutions to problems in a personal information system usually involve more than one department.

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Definitions:

Variable Overhead Rate Variance

This refers to the difference between what the variable overhead costs were expected to be versus what they actually were, measured against the standard cost of production.

Manufacturing Overhead

The indirect factory-related costs that are incurred when a product is manufactured, including costs such as maintenance, utilities, and quality control.

Standard Costing System

An accounting method that uses standard costs for product cost planning and control, involving setting predetermined costs for manufacturing activities.

Variable Overhead Efficiency Variance

Measures the difference between the actual hours taken to produce an item and the standard hours expected, multiplied by the variable overhead rate per hour.