What Is the MIS System That Manipulates Information to Create

question 104

Multiple Choice

What is the MIS system that manipulates information to create business intelligence in support of strategic decision making?

• A)online transaction processing (OLTP)
• B)online analytical processing (OLAP)
• C)digital dashboard
• D)visualization

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Definitions:

Overhead Cost Allocated

Expenses related to the running of a business that are spread out across different departments or products.

Activity Rate

A rate used in activity-based costing to assign costs to activities based on their use of resources.

Activity Cost Pool

Refers to a grouping of all costs related to a specific activity used in activity-based costing to allocate overhead costs more accurately to products or services.

Activity-Based Costing

A method of costing that assigns costs to products or services based on the activities they require.