________________Consists of All the Hardware and Software That a Firm

question 37

Multiple Choice

________________consists of all the hardware and software that a firm needs to use in order to achieve its business objectives.This includes not only computer machines,storage devices,and handheld mobile devices,but also software.

• A) Information system
• B) Information technology
• C) Cloud systems
• D) Mobile technology

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Definitions:

Purchase of Materials

The process of acquiring raw materials needed for production or goods for resale, typically accounted for as an increase in inventory.

Materials Requisition

A document used to request the transfer of materials from a storeroom or supplier to the production floor or service delivery point.

Production Managers

Professionals responsible for overseeing the manufacturing process, ensuring efficiency and quality output.

Materials Costs

The total expense incurred from acquiring raw materials used in the manufacturing or production process.