Which Statement Below Regarding the AIS and Managerial Reports Is

question 10

Multiple Choice

Which statement below regarding the AIS and managerial reports is false?

• A) The AIS is best utilized for financial data while the management information system is best utilized for operational data.
• B) The AIS must be able to provide managers with detailed operational information about the organization's performance.
• C) Both financial and nonfinancial data are required for proper and complete evaluation of organizational performance.
• D) Most source documents capture both financial and nonfinancial data about business transactions.

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Definitions:

Human Skills

Interpersonal and communication skills that enable individuals to work effectively with others and navigate social interactions.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a specific period, indicating the efficiency of inventory management.

Technical Skills

The abilities and knowledge needed to perform specific tasks, often relating to computational and physical skills.

Statistics

The branch of mathematics dealing with the collection, analysis, interpretation, and presentation of masses of numerical data.