The Critical Difference Between a DSS and an MIS Is

question 15

True/False

The critical difference between a DSS and an MIS is that a DSS is only a software app, whereas an MIS consists of both hardware and software.

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Definitions:

Voting Shares

Shares of a company's stock that grant the shareholder the right to vote on corporate matters.

Purchase

The acquisition of goods or services in exchange for money, contributing to a company's expenses.

Consolidated Retained Earnings

The accumulated net income of a corporation and its subsidiaries after dividends have been paid out to shareholders.

Gain or Loss

The financial result that occurs when the selling price of an asset differs from its purchase price, either as a profit or a deficit.