Which of the Following Is a Characteristic of an MIS

question 85

Multiple Choice

Which of the following is a characteristic of an MIS system?

• A)It provides reports with variable and mixed formats.
• B)It allows users to use standard reports.
• C)It uses internal and external data stored in various computer systems.
• D)It produces hard-copy and soft-copy reports.

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Definitions:

IFRS

International Financial Reporting Standards, a set of accounting principles that dictate how companies' financial statements are prepared.

Initial Franchise Fee

A one-time payment made by a franchisee to the franchisor when a new franchise agreement is signed, covering rights to use trademarks, systems, and support.

Substantial Performance

A legal principle indicating that a party has fulfilled enough of its contract obligations to warrant payment, despite minor issues.

Employee Training

Programs and activities aimed at increasing the skills, knowledge, and competencies of employees to improve their performance and efficiency.