Which of the Following Tasks Is Performed by Managers for Which

question 21

Multiple Choice

Which of the following tasks is performed by managers for which an executive information system (EIS) is useful?

• A) Communicating via videoconferencing
• B) Working in groups
• C) Tracking inventory
• D) Spotting trends

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Definitions:

Accounting Standards

Formal guidelines and rules for accounting practices that determine how financial statements are prepared and presented.

FASB

Financial Accounting Standards Board, an independent nonprofit organization responsible for establishing accounting and financial reporting standards for companies and nonprofit organizations in the United States.

Bright-line Rules

Clearly defined rules or standards that leave little ambiguity and are easy to implement or enforce.

Pronouncements

Official statements or declarations, often from authoritative entities, that dictate principles or procedures in various fields like accounting.