Which of the Following Would Have Subsystems for Order Entry,accounts

question 13

Multiple Choice

Which of the following would have subsystems for order entry,accounts receivable,accounts payable,and general ledger?

• A) a transaction processing system
• B) a decision support system
• C) a management analytic system
• D) an information reporting system

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Definitions:

Operating Expenses

Operating expenses are the costs associated with running a company's core business operations, excluding the cost of goods sold, such as rent, utilities, and payroll.

Merchandising Business

A type of business that purchases goods and sells them at a higher price without changing their form.

Merchandising Income Statement

A financial statement that shows the gross profit, operating expenses, and net income of a company that buys and sells goods.

Administrative Expenses

Administrative Expenses are costs related to the general operation of a business, including expenses such as office supplies, salaries of administrative personnel, and rent.