An Interactive Computer-Based System That Produces "Models" Which Help Managers

question 23

Multiple Choice

An interactive computer-based system that produces "models" which help managers to make better nonprogrammed decisions is known as a(n) :

• A)Decision-support system
• B)Artificial intelligence system
• C)Expert system
• D)Real-time system
• E)Network

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Definitions:

Loan

is a sum of money borrowed that is expected to be paid back with interest.

Receivables

Money owed to a business by its customers for goods or services that have been delivered or sold but not yet paid for.

Unsecured

Refers to a loan or credit that is not backed by collateral, meaning the lender takes on more risk and relies on the borrower's creditworthiness.

Internal Audits

Evaluations conducted by a company's own staff to assess its systems, controls, and operations for efficiency, effectiveness, and compliance.