Budgeting and Treasury Management Are Information Systems Applications That Support

question 8

Multiple Choice

Budgeting and treasury management are information systems applications that support an organisation's ________.

• A)customer service department
• B)accounting department
• C)human resources department
• D)manufacturing department

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Definitions:

Net Present Value

A method of evaluating investment opportunities that calculates the difference between the present value of cash inflows and outflows over a period of time.

Capital Expenditure

Funds used by a company to acquire, upgrade, and maintain physical assets such as property, industrial buildings, or equipment.

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.

Salvage Value

The projected value of an asset for sale at the conclusion of its operational lifespan.