Which of the Following Statements Best Describes the Purpose of a Management

question 130

Multiple Choice

Which of the following statements best describes the purpose of a management information system?

• A)It assists the human resources department with research on employee benefit costs.
• B)It provides management with feedback from sales meetings.
• C)It is designed to produce reports for managers and others within the organization..
• D)It assists the accounting department with budget information.

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Definitions:

Permanent Structures

Buildings or constructions meant to be durable and to exist for a long period without significant alteration.

Ownership Interest

The legal right or claim a person has in a property or business, usually expressed as a percentage.

Estate

An interest in land. Property owned by a decedent at the time of his death.

Fee Simple Absolute

The highest form of land ownership, which gives the owner the right to possess and use the land for an unlimited period of time, subject only to governmental or private restrictions, and unconditional power to dispose of the property during his lifetime or upon his death.