One Type of Decision Support System (DSS), Called an Executive

question 110

Short Answer

One type of decision support system (DSS), called an executive information system, is designed to provide senior managers with information relevant to ___________ management activities such as setting policies, planning, and preparing budgets.

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Definitions:

Cash Dividends

Payments made by a corporation to its shareholder members, distributing a portion of the company's earnings.

Operating Activities

Business actions directly related to the production, sales, and delivery of a company’s products or services, reflecting its core operations.

Indirect Method

typically pertains to the calculation of cash flows in a financial statement, where net income is adjusted for changes in balance sheet accounts to reflect cash transactions.

Accrued Liabilities

Liabilities that have been incurred but not yet paid or recorded in the financial statements.