A(n) DSS (Decision Support System) Refers to a Type of Information

question 88

True/False

A(n) DSS (Decision Support System) refers to a type of information system that uses the data collected by a transaction processing system, and manipulates that data to create reports that managers can use to make routine business decisions in response to structured problems.

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Definitions:

Fixed Costs

Expenses that do not change with the level of production or business activity, such as rent, salaries, and insurance.

Gross Margin Percentage

A profitability ratio that shows the percentage of sales revenue remaining after deducting the cost of goods sold, indicating the financial health and performance of a company's core activities.

Sales Volume

The quantity of products or services sold by a company within a specific period, often used as an indicator of business activity.

Return On Total Assets

A financial metric that measures the efficiency of a company in generating profits from its total assets.