The Single Most Important Criterion for Information Systems Success Is

question 35

Multiple Choice

The single most important criterion for information systems success is ________.

• A) users to take ownership of their systems
• B) a good plan to guide the technical staff
• C) good human relations skills
• D) proper written procedures

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Definitions:

Modified Cash Basis

An accounting method that combines elements of both cash and accrual accounting, recognizing revenues when they are received and expenses when they are paid, with some adjustments.

Warranty Revenue Recognition

The accounting process of recognizing revenue from warranties provided, typically over the period the warranty covers.

Coupon Redemption

The process of a bondholder or an investor submitting a bond's coupon to the issuer to receive interest payment.

Advertising Cost

Expenses incurred to promote products or services to potential consumers through various media channels.