Which Term Refers to an Organized Collection of Computer Hardware,software,data,and

question 59

Multiple Choice

Which term refers to an organized collection of computer hardware,software,data,and personnel designed to capture,store,update,manipulate,analyze,and immediately display information about worldwide business activities?

• A)Internet
• B)Intranet
• C)global information system
• D)global positioning satellite system

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Definitions:

Cost Of Production Report

A document summarizing the total cost of materials, labor, and overhead incurred in producing a product or service.

Department A

Department A is a placeholder name commonly used to represent a specific unit or section within a larger organization, focusing on a distinct set of tasks or functions.

Conversion Costs

Costs incurred to convert raw materials into finished products, typically including direct labor and manufacturing overhead.

FIFO Method

"First In, First Out," an inventory valuation method where the first items purchased or manufactured are the first ones sold.