MIS Is a Business Function

question 47

Multiple Choice

MIS is a business function. Which of the following does MIS perform to help aid the company in decision making and problem solving?

• A)Moves information about people.
• B)Moves processes across the company to improve systems.
• C)Moves information about products.
• D)All of the above.

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Definitions:

Net Present Value

The calculation of the present value of an investment's expected earnings, minus the initial capital outlay.

Net 30 Credit Policy

A payment term that allows a buyer 30 days to pay the invoice in full from the invoice date.

Monthly Interest Rate

The interest rate charged on a loan or realized on an investment over a one-month period.

Discounted Price

A reduced price from the original price, often applied during sales or due to promotions.