Which of the Following Statements Is True About Processes and Procedures

question 53

Multiple Choice

Which of the following statements is true about processes and procedures of an information system?

• A) Each information system has a different procedure for every process it supports.
• B) A process will have the same procedure for every information system.
• C) Changes to an information system will not affect the processes that use it.
• D) Procedures do not change with the changes made to an information system.

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Definitions:

Standard Costs

Predetermined costs for the manufacturing of products or services, used as target costs or bases for variance analysis.

Actual Costs

The true amounts spent on goods, services, and other charges, as opposed to estimated or budgeted costs.

Volume Variance

A financial metric that measures the difference between budgeted and actual volume of production or sales, impacting costs or revenues.

Fixed Factory Overhead

The portion of total factory overhead costs that remains constant regardless of the level of production or activity in a manufacturing facility.