Who Is Responsible for Designing and Implementing Systems to Gather,organize,and

question 30

Multiple Choice

Who is responsible for designing and implementing systems to gather,organize,and distribute facts and data essential for the running of the company?

• A) Marketing managers
• B) Information managers
• C) Production managers
• D) Human resource managers
• E) Research and development managers

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Definitions:

Straight-Line Method

A depreciation technique where an asset's cost is reduced equally over its useful life.

Effective Interest Method

A technique used in accounting to allocate loan discounts or premiums over the life of the loan to the periods benefiting from the loan, reflecting a constant rate of interest.

Carrying Amount

The book value of an asset or liability; for assets, it is typically based on original cost less depreciation.