Information Captured by a Management Information System Allows Managers to Do

question 36

Multiple Choice

Information captured by a management information system allows managers to do all of the following except

• A) determine accurate product or service costs.
• B) improve processes.
• C) provide timely feedback.
• D) satisfy all customer inquiries.

---

Definitions:

Annual Salary

The total amount of money an employee is scheduled to earn over the course of a year, excluding bonuses or overtime.

Capital Balance

The amount of money that a company has in its accounts, representing the difference between total assets and liabilities.

Net Loss

The amount by which total expenses exceed total revenues in a financial period, indicating a loss.

Operations

The day-to-day activities required for the running of a business for the purpose of producing value for the stakeholders.