What Is an Agile MIS Infrastructure

question 39

Multiple Choice

What is an agile MIS infrastructure?

• A) Identifies where and how important information, such as customer records, is maintained and secured
• B) Includes the hardware, software, and telecommunications equipment that, when combined, provides the underlying foundation to support the organization's goals
• C) Infrastructure identifies ways that a company can grow in terms of computing resources while simultaneously becoming less dependent on hardware and energy consumption
• D) Includes the plans for how a firm will build, deploy, use, and share its data, processes, and MIS assets

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Definitions:

Inventory

The total amount of goods a company holds in stock, including raw materials, work-in-progress, and finished goods.

Variable Costing

An accounting method that only assigns variable costs to inventory, considering fixed costs as period expenses.

Absorption Costing

An accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overhead - as part of the cost of a product.

Variable Production Costs

Costs that change in direct proportion to changes in the level of production, such as raw materials and hourly labor.