A(n)____ Employs Models and Analytic Tools to Help Users Gain

question 21

Multiple Choice

A(n) ____ employs models and analytic tools to help users gain insights into data,draw conclusions from the data,and make recommendations.

• A) decision support tree
• B) analytic support system
• C) decision support system
• D) decision system

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Definitions:

Useful Life

The estimated period over which a fixed asset is expected to be usable by an organization.

Accumulated Depreciation

The aggregate sum of depreciation costs accounted for a fixed asset since its inception of use.

Equipment Account

A financial account that tracks the acquisition cost and depreciation of a company's equipment.

Ordinary Repairs

Routine maintenance and repair costs that are expensed in the period incurred to keep an asset in its normal operating condition.