Information Systems Help Improve Business Processes in All of the Following

question 82

Multiple Choice

Information systems help improve business processes in all of the following ways EXCEPT ________.

• A) by improving one of the activities in a process
• B) by improving the links among activities in different processes
• C) by duplicating the data available in a shared database
• D) by improving control of the process

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Definitions:

Fair Value

The estimated price at which an asset or liability could be sold or settled in a current transaction between willing parties.

Equity Method

An accounting technique used to record investments in associate companies where the investor has significant influence but not full control, recognizing income in proportion to their share of the earnings.

Carrying Amount

The value at which an asset is recognized on the balance sheet, considering factors like initial cost, depreciation, and impairment losses.

Bond Investment

Purchasing bonds as a way to invest capital, where the investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period at a fixed interest rate.