Departmental Heads Should Determine the Computer Hardware and Programs That

question 114

Multiple Choice

Departmental heads should determine the computer hardware and programs that are needed for their department. This is an example of a(n) ________ decision.

• A) operational
• B) strategic
• C) procedural
• D) managerial

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Definitions:

Income Statement

A financial document that summarizes an organization's revenues and expenses over a specific period, showing net profit or loss.

Operating Profit

The profit from a firm's core business operations, excluding deductions of interest and taxes.

Income Statement

A financial statement that reports a company's financial performance over a specific accounting period, detailing revenues, expenses, and net income.

Direct Expenses

Costs that can be directly attributed to a specific product, service, or project, such as raw materials and labor.