MIS Is a Business Function, Like Accounting or Sales, Which

question 95

Multiple Choice

MIS is a business function, like accounting or sales, which moves information about people, products, and processes across the company to facilitate decision making and problem solving. What does MIS stand for?

• A) Management Information Strategy.
• B) Management Intelligence System.
• C) Management Information System.
• D) Management Information Strategist.

Identify the sources and destinations in move instructions and data manipulation.

Recognize the limitations and specific locations addressed by data transfer instructions.

Grasp the various interfaces and modules used in PLCs, including multibit interfaces, analog I/O, and digital-to-analog converters.

Understand the concept of set-point control and its application.

---

Definitions:

Credit Terms

The conditions under which a seller will extend credit to a buyer, including the repayment period, interest rate, and the amount of payment.

Net 20

A payment term indicating that the full payment is due within 20 days from the invoice date.

2/10

A common trade credit term indicating a 2% discount if payment is made within 10 days; otherwise, the full amount is due in 30 days.

Net 30 Day Credit

A payment term indicating that the full payment is due within 30 days from the invoice date.