Executive Support Systems Are Information Systems That Support the

question 10

Multiple Choice

Executive support systems are information systems that support the

• A) long-range planning activities of senior management.
• B) knowledge and data workers in an organization.
• C) decision making and administrative activities of middle managers.
• D) day-to-day processes of production.

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Definitions:

Constructively Capitalize

The accounting practice of recognizing an expenditure as a fixed asset and amortizing it over time, despite not being capitalized in a traditional sense.

Operating Leases

A pact that grants permission to use a property without bestowing ownership rights of the said asset.

Long-Term Debt Rate

The interest rate applied to loans or borrowings with a maturity date extending beyond one year.

Minimum Operating Lease Payments

The minimum amount that a lessee is obligated to pay over the lease term for the right to use an underlying asset, excluding costs such as maintenance and taxes that are paid by the lessee.