A System That Gives a Manager Information They Need to Make

question 11

Multiple Choice

A system that gives a manager information they need to make decisions (typically,structured decisions) is known as a(n) ________ system.

• A)operational management
• B)ERP
• C)data warehousing
• D)management information

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Definitions:

Annual Profit

The financial gain or earnings of a business or individual for one full year after all expenses have been subtracted from total revenues.

Future Value

The estimated value of an investment at a specific date in the future, taking into account factors like interest rates or returns.

Compounded Annually

A system of calculating interest where the accumulated interest is added to the principal at the end of each year, resulting in interest earning interest in subsequent periods.

Compounded Quarterly

A method of calculating interest where the accumulated interest is added to the principal amount at the end of each quarter, leading to interest being earned on interest.