Which of the Following Statements Is True of Workgroup Information

question 60

Multiple Choice

Which of the following statements is true of workgroup information systems?

• A) Workgroup information systems that support a particular department are called enterprise information systems.
• B) Workgroup information systems that support a particular business function are called personal information systems.
• C) The users of workgroup information systems are defined by levels of security authorization.
• D) Workgroup information systems typically support 10 to 100 users.

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Definitions:

Pension Liability Account

A pension liability account is a financial accounting record that reflects the amount a company owes to its current and future retirees' pension plans.

Indirect Method

A technique used in cash flow statements where net income is adjusted for non-cash items and changes in working capital to calculate cash flow from operating activities.

Indirect Method

A technique used in cash flow statements to adjust net income for the changes in non-cash accounts to compute cash flow from operating activities.

Accrual-Basis Operating Income

The measure of a company’s operating profit that includes all earned revenue and incurred expenses, recognized as they are earned or incurred, not when cash is exchanged.