Which Type of DSS Allows You to Analyze Spatial Information

question 88

Multiple Choice

Which type of DSS allows you to analyze spatial information?

• A) Geographic information system
• B) Model information system
• C) Expert system
• D) Multidimensional information system

Estimate and adjust the allowance for doubtful accounts based on receivables analysis.

Understand the role and impact of accounts receivable on business liquidity.

Understand the importance and function of maintaining adequate records for internal control.

Recognize the role and limitations of bonding in discouraging theft and loss.

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Definitions:

Management Discretion

The degree of flexibility and judgement allowed to managers in making decisions and choices impacting the company's operations and performance.

FIFO

An inventory valuation method where the first items placed into inventory are the first ones sold (First In, First Out).

LIFO

Stands for Last In, First Out, an inventory valuation method which assumes that the last items placed in inventory are sold first.

Financial Statement

Documented records that outline the financial activities and condition of a business, individual, or other entity.