With Respect to the Types of Information Systems Used in Organizations,an

question 54

Multiple Choice

With respect to the types of information systems used in organizations,an Online Analytical Processing (OLAP) system is an example of a(n) ________ system.

• A) business intelligence system
• B) geographic information
• C) electronic commerce
• D) office automation
• E) social software and collaboration

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Definitions:

Decrease Liabilities

Actions or transactions that result in the reduction of obligations owed by a company, improving its financial position.

Received Cash

Funds that have been physically or digitally transferred to an entity, reflecting an increase in its liquidity.

Increase Assets

Increasing assets refers to any action or transaction that raises the total value of the assets owned by an individual or entity.

Accounting Equation

The basic principle that equates assets with the sum of liabilities and shareholders' equity, formulated as Assets = Liabilities + Equity.