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

question 91

Multiple Choice

With respect to the types of information systems used in organizations,a grocery store checkout cash register with a connection to a network is an example of a(n) ________.

• A) intelligent system
• B) functional area information system
• C) decision support system
• D) transaction processing system
• E) electronic commerce system

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Definitions:

Factors of Production

The inputs used in the production of goods or services, typically including land, labor, capital, and entrepreneurship.

Operating Budget

A detailed projection of all estimated income and expenses based on forecasted sales revenue during a given period, often one year.

Budgeted Financial Statements

Financial statements that project the financial position and performance of a company based on expected income, expenses, and cash flows.

Financial Results

The outcome of a company's operations and activities in terms of income, expenses, and profit over a specific period.