Matching -Decision Support System

question 32

Multiple Choice

Matching
-Decision Support System

• A)A statement that lists revenue, assets and liabilities for a company during a particular time frame
• B)uses internal and external data to aid in the decision-making process with regards to organizational performance
• C)provides a flow of information to include accounting, manufacturing, customer relationship management, sales and service
• D)used to take corrective measures based on feedback during a process should barriers arise
• E)summary of revenue gained during a specific time period, usually listed by month
• F)incorporate people, technology and information systematically
• G)computer-based information system that helps organizations with their decision-making process
• H)a summary that lists the revenue and liabilities for a company during a particular time frame
• I)measures that identify potential deficiencies before they occur
• J)used to assess results after a process is complete in order to provide information for future planning

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Definitions:

Working Capital

The difference between a company's current assets and current liabilities, used to measure its short-term financial health and operational efficiency.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the business's normal operating cycle if longer.

Current Liabilities

Financial obligations of a business that are due and payable within one year, including accounts payable, short-term loans, and other short-term debts.

Common-size Percent

A financial analysis tool that converts income statement items into percentage of revenue, facilitating trend analysis and comparison.