The Information System That Handles the Processing and Tracking of Transactions

question 36

Multiple Choice

The information system that handles the processing and tracking of transactions is called a(n) :

• A) TPS
• B) MIS
• C) office automation system
• D) DSS

Comprehend the implications of electronic contracts and communications in contract formation.

Grasp the enforcement criteria and validity of contracts, especially in the context of electronic transactions.

Understand the importance and components of branding in marketing.

Recognize the significance of ethical decision-making in marketing.

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Definitions:

Manufacturing Capacity

The maximum amount of products a manufacturing entity can produce over a certain period of time.

Variable Manufacturing Overhead

Costs that vary with production output, such as utilities for the manufacturing plant, which are not directly tied to specific units produced.

Fixed Manufacturing Overhead

The production costs that do not vary with the volume of production, such as salaries of managers and depreciation of equipment.

Net Operating Income

The profit generated from a company's core business operations, excluding deductions of interest and taxes.