A(n) _____ Gives Managers Access to Large Amounts of Data

question 103

Multiple Choice

A(n) _____ gives managers access to large amounts of data and the processing power to convert the data into high-quality information quickly and efficiently.

• A) decision support system
• B) computer-aided design software
• C) cybermediary
• D) expert system

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Definitions:

Direct Materials Inventory

Raw materials that are directly traceable to the manufacturing of products and are considered part of the inventory assets on the balance sheet.

Direct Materials Budget

A financial plan that estimates the raw materials needed for production and their expected costs.

Cost per Pound

A measurement of the cost to produce, acquire, or create one pound of a product or material.

Manufacturing Overhead Budget

A financial plan that estimates the costs related to the production process other than direct labor and materials.