The Primary Focus of a Management Information System Is on the Management

question 95

Multiple Choice

The primary focus of a management information system is on the management of

• A)people.
• B)costs.
• C)activities.
• D)time.

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Definitions:

Money Owed

Financial liabilities or debts that a person or organization is required to pay to another party.

Single-Entry System

An accounting method where each transaction is recorded only once, either as an income or an expense, making it less complex than double-entry accounting.

Patient Ledger

A detailed record of all financial transactions between a patient and a healthcare provider, including charges, payments, and adjustments.

Equity

A fairness or justice in the way people are treated or the distribution of resources.