What Is an Advantage of the Decision Support System(DSS)

question 97

Multiple Choice

What is an advantage of the decision support system(DSS) ?

• A) DSSs use artificial intelligence.
• B) DSSs do not require data analysis tools.
• C) DSSs can imitate human behavior.
• D) DSSs are devoted exclusively to specific problems.
• E) DSSs serve both specific as well as general purposes.

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Definitions:

Lockbox System

A service provided by banks to companies for receiving payment from customers, involving payments sent to a special post office box rather than the company's address.

Net Cash Flow

The amount of cash that a company generates or consumes over a specific period, taking into account all cash inflows and outflows from operations, investing, and financing.

Lockbox System

A banking service provided to companies for the collection of payment from customers, utilizing a special post office box to speed up deposits.

Cheque Clearing

The process by which banks settle transactions made by cheques, transferring money from the payer's account to the payee's account.