Identify a True Statement About Decision Support Systems (DSSs)

question 8

Multiple Choice

Identify a true statement about decision support systems (DSSs) .

• A)DSSs facilitate improvements but do not necessarily cause them.
• B)DSSs focus on efficiency rather than effectiveness.
• C)DSSs take more time than conventional decision-making processes.
• D)DSSs generate generic solutions and do not provide one-of-a-kind solutions.

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Definitions:

Historical Cost

The original monetary value of an asset or investment at the time of its acquisition or payment, not adjusted for inflation or market changes.

Market Value

The existing market price for buying or selling an asset or service.

Net Realizable Value

The value of an asset that can be realized upon its sale minus a reasonable estimate of the costs associated with either its sale or disposal.

Equity Securities

Financial instruments that represent ownership in a corporation, such as stocks, granting holders a proportion of the corporation's assets and profits.