A Decision Support System (DSS)is an Interactive,computer-Based Information System That

question 56

True/False

A decision support system (DSS)is an interactive,computer-based information system that relies on decision models and specialised databases to support decision makers.

Identify product costs that can be directly traced to the product.

Understand how expenses are categorized on a contribution margin income statement.

Apply knowledge of costing methods to evaluate special order decisions.

Understand the different types of activities (operating, investing, and financing) that affect a firm's cash position and how they are represented in financial statements.

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Definitions:

Electrical Energy

The energy derived from electric potential or kinetic energy, used to power countless devices and systems.

Efficient

Being effective without wasting time, effort, or resources; achieving maximum productivity with minimum wasted effort or expense.

Voltage Drop

Decrease in voltage measured after current passes through a resistance. Also known as voltage loss. See definition for the second of Kirchhoff’s Laws.

Ohmmeter

A device used to measure electrical resistance in units called Ohms.