MIS Is a Business Function

question 6

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 information about processes across the company to improve systems.
• C) Moves information about products.
• D) All of these.

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Definitions:

Units Sold

The quantity of products or services sold by a company during a specific period of time.

Selling Price

The amount of money charged for a product or service, or the sum of the value that customers exchange for the benefits of having or using the product or service.

Revenue Variance

The difference between the actual revenue earned and the expected revenue that was budgeted for a specific period.

Actual Revenue

The real income that a company generates from its business activities, reported during a specific period.