A Credit Union Uses an MIS to Effectively Record a Large

question 33

Multiple Choice

A credit union uses an MIS to effectively record a large volume of routine payments and deposits. The type of MIS that the bank uses is a(n) ________ system.

• A)expert
• B)decision support
• C)transaction-processing
• D)artificial intelligence
• E)executive support

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Definitions:

Brownies

A type of chocolate baked treat, typically in the form of a square or rectangular cake slice.

Normal Good

A good for which demand increases as the income of consumers increases.

Inferior Good

A type of good for which demand decreases as the income of the consumer increases, and vice versa.

Optimal Consumption

The combination of goods and services that provides the highest level of satisfaction to an individual, given their income and the prices of those goods and services.