What Type of Information System Is Built to Support Decisions

question 142

Multiple Choice

What type of information system is built to support decisions based on problems that are not structured?

• A) Database management systems
• B) Operational systems
• C) Decision support systems
• D) Statistical information systems

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Definitions:

Variable Costing

A costing method that includes only variable manufacturing costs - direct materials, direct labor, and variable manufacturing overhead - in the cost of a product.

Unit Product Cost

The total cost assigned to a single unit of product, including direct materials, direct labor, and allocated overhead.

Absorption Costing

An approach in financial accounting that wraps all expenses incurred in manufacturing including direct materials, direct labor, and all overhead (variable and fixed), into the product's cost.

Net Operating Income

The total revenue of a business minus its operating expenses, excluding taxes and interest.