Identify a True Statement About Decision Support Systems (DSSs)

question 8

Multiple Choice

Identify a true statement about decision support systems (DSSs) .

• A)DSSs facilitate improvements but do not necessarily cause them.
• B)DSSs focus on efficiency rather than effectiveness.
• C)DSSs take more time than conventional decision-making processes.
• D)DSSs generate generic solutions and do not provide one-of-a-kind solutions.

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Definitions:

Cash Flow

The total amount of money being transferred into and out of a business, especially as affecting liquidity.

Financing Activities

Transactions and events that affect the equity and long-term liabilities of a company, reflecting how it raises funds and repays its investors.

Operating Activities

Activities that relate to the primary operations of a company, such as selling products or services and administrative expenses.

Taxes

Compulsory charges imposed by governments on individuals or entities to fund public services and infrastructure.