All of the Following Are Tools or Methodologies That Managers

question 10

Multiple Choice

All of the following are tools or methodologies that managers use for IT strategic planning except:

• A)business service management
• B)business systems planning model
• C)balanced scorecard
• D)dashboards

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Definitions:

Net Sales

The financial income a business earns from sales activities, minus the deductions for returns, damaged or lost items allowances, and discounts.

Gross Profit

The financial gain obtained after deducting the cost of goods sold from total sales revenue.

Income from Operations

The profit realized from a business's ongoing operations, calculating the difference between revenues from operations and operational expenses.

Adjusting Entry

Journal entries made in accounting records at the end of an accounting period to update the balances of accounts.