Which of the Following Is NOT a Key Element of the Definition

question 44

Multiple Choice

Which of the following is NOT a key element of the definition of management information systems (MIS) ?

• A) information systems
• B) organizational hierarchy and work structure
• C) development and use
• D) business goals and objectives

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Definitions:

Contractually Liable

A state of being legally obligated by the terms of a contract to perform certain duties or compensate for failure to do so.

Negotiable Instruments

Negotiable instruments are formal financial documents (such as checks, promissory notes, and bills of exchange) that promise to pay a specified amount of money to a person in possession of the instrument under certain conditions.

Indorser

In finance, someone who signs a negotiable instrument, such as a check or promissory note, over to someone else, thereby transferring the rights of that document.

Primarily Liable

The condition of being initially and directly responsible for fulfilling an obligation or debt, without shifting that responsibility to another party.