Decision Making at the Executive or Strategic Level Requires Business

question 120

Multiple Choice

Decision making at the executive or strategic level requires business intelligence and knowledge to support the uncertainty and complexity of the business. What is a specialized DSS that supports senior-level executives and unstructured decisions requiring judgment, evaluation, and insight?

• A) OLTP
• B) Executive Information System (EIS)
• C) Transaction Support System (TSS)
• D) Decision Support System (DSS)

---

Definitions:

Prepaid Expenses

Payments made in advance for goods or services to be received in the future.

Accrued Expenses

Expenses incurred but not yet paid in cash or recorded.

Common Stock

Shares of ownership in a corporation, giving holders voting rights and a claim on profits in the form of dividends.

Treasury Stock

A corporation’s own stock that has been issued and subsequently reacquired from shareholders by the corporation but not retired.