In the Context of Executive Information Systems (EISs), _____ Allows

question 7

Multiple Choice

In the context of executive information systems (EISs) , _____ allows managers to flag data that is unusual or out of normal boundaries.

• A)forecasting
• B)text mining
• C)variance reporting
• D)data reporting

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Definitions:

Average Fixed Cost

The fixed costs of production divided by the quantity of output produced; these costs decline as production increases.

Marginal Cost

The financial cost of producing an extra unit of a good or service.

Average Total Cost

The total cost of production divided by the quantity of output produced.

Average Variable Cost

Represents the cost that varies with the level of output, calculated by dividing the variable costs by the quantity produced.