To Be Useful the Information Outputs of a System Should

question 147

Multiple Choice

To be useful the information outputs of a system should be

• A) relevant reliable timely and accurate.
• B) reliable flexible understandable and timeless.
• C) such that one report meets all different users needs.
• D) distributed only to management personnel.

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Definitions:

Net Cash Inflows

The amount by which the cash inflow from operations exceeds its cash outflow, usually measured within a specific period.

Net Cash Inflow

The excess of cash receipts over cash disbursements during a certain period, reflecting the liquidity generated from operations.

Cash Payback Period

The duration it takes for an investment to generate an amount of cash equal to the initial investment cost.

Net Income

The overall income a company retains following the subtraction of all costs and tax obligations from its earnings.