For an Information System to Be an Strategic Information,one of the Conditions

question 47

True/False

For an information system to be an strategic information,one of the conditions is that the information system must serve an organizational goal rather than simply provide information.

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Definitions:

Overhead Applied

The allocation of indirect costs, such as manufacturing overhead, to specific jobs or products based on a predetermined rate or method.

Activity-Based Costing

A cost allocation system that first identifies overhead expenses, assigns them to specific activities, and then distributes these costs to various products.

Traditional Costing Method

An accounting method that assigns indirect costs to products based on a predetermined overhead rate, often not reflecting the actual consumption of resources by each product.

Direct Labor-Hours

The total number of hours worked directly on the production of goods.