A Principal Focus of AIS Is to Assist with the Decision-Making

question 48

Multiple Choice

A principal focus of AIS is to assist with the decision-making function of an organization.The degree of support AIS can provide depends on the type of decision being made.Decisions are categorized in terms of the degree of existing structure or the effect of their scope.From the items below,select the description that is an example of a semi-structured decision.

• A)selecting basic research projects to undertake
• B)setting a marketing budget for a new product
• C)extending credit to an established customer
• D)hiring a senior manager

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Definitions:

Average Tax Rate

The ratio of the total amount of taxes paid to the total tax base (income, spending, etc.), indicating the percentage of total income or spending that is paid in taxes.

Marginal Tax Rate

The marginal tax rate is the rate at which the last dollar of income is taxed, reflecting the proportion of additional income that is paid in taxes.

Progressive Tax

A tax system where the tax rate increases as the taxable amount or income goes up, making it proportionately higher for wealthier individuals or entities.

Individual Income

The total earnings received by an individual from all sources, including wages, investments, and other forms of compensation.