Which Statement Below Regarding the AIS Is False

question 20

Multiple Choice

Which statement below regarding the AIS is false?

• A)The AIS must be able to provide managers with detailed and operational information about the organization's performance.
• B)Both traditional financial measures and operational data are required for proper and complete evaluation of performance.
• C)The AIS was often just one of the information systems used by an organization to collect and process financial and nonfinancial data.
• D)Traditionally,most AIS have been designed so that both financial and operational data are stored in a manner that facilitates their integration in reports.

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Definitions:

Short-Term Notes Payable

Short-duration loans evidenced by promissory notes that a company must pay within a year or within its operating cycle, whichever is longer.