What Is an Agile MIS Infrastructure

question 39

Multiple Choice

What is an agile MIS infrastructure?

• A) Identifies where and how important information, such as customer records, is maintained and secured
• B) Includes the hardware, software, and telecommunications equipment that, when combined, provides the underlying foundation to support the organization's goals
• C) Infrastructure identifies ways that a company can grow in terms of computing resources while simultaneously becoming less dependent on hardware and energy consumption
• D) Includes the plans for how a firm will build, deploy, use, and share its data, processes, and MIS assets

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Definitions:

Allowance for Doubtful Accounts

An account that offsets assets, designed to predict the amount of a company’s accounts receivable that is likely to be uncollectible.

Normal Balance

The side (debit or credit) of an account that is positive or increasing in nature, depending on the type of account.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.

Uncollectibles

Financial term referring to debts or receivables that are deemed unlikely to be collected and thus written off.