In What Way Do Managers Benefit from the Use of a Management

question 18

Multiple Choice

In what way do managers benefit from the use of a management information system?

• A)Data can be entered at numerous input terminals within the organization.
• B)The managers would not be completely responsible for the information that is entered into the database system.
• C)The managers could combine or adjust data to answer the questions from particular internal and external users.
• D)The managers do not benefit, as the information requires technical expertise to retrieve.
• E)Managers can store old documents in hard copy.

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Definitions:

Cash Flow

The net amount of cash and cash-equivalents being transferred into and out of a business.

Merchandisers

Businesses that purchase goods for resale at a profit, dealing primarily in tangible products that are marketed to consumers or other businesses.

Credit

An accounting entry that increases a liability or equity account, or decreases an asset or expense account; also refers to the provision of resources based on a trust agreement.

Sales Tax

A tax imposed by governments on the sale of goods and services.