The Set of Methods or Techniques Used to Acquire, Organize

question 62

Multiple Choice

The set of methods or techniques used to acquire, organize, store, manipulate, and transmit information is known as

• A)management information systems (MIS).
• B)information technology (IT).
• C)management in technology (MIT).
• D)information systems (IS).

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Definitions:

Marketing

The process and techniques used by organizations to promote and sell their products or services, including market research and advertising.

Administrative Expense

Expenses related to the general operation of a business, including executive salaries, marketing, and other non-production costs.

Period Cost

Operating expenses not directly associated with the production of goods, typically including selling, administrative, and other overhead costs.

Accounting Personnel

Individuals or staff working in an organization's accounting department, responsible for managing financial records and transactions.