The Cost Management Information System Has Two Major Subsystems: the Cost

question 125

True/False

The cost management information system has two major subsystems: the cost accounting information system and the operational control information system.

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Definitions:

Informal Social Networks

The unofficial and often not visible interconnections among individuals within an organization that influence the flow of information, facilitating social and professional interactions.

Structural Positions

The designated roles, responsibilities, and levels of authority within an organization's hierarchy.

Organizational Change

The process through which a company undergoes a significant transition in its operations, structure, or strategy.

Cultural Change

The transformation of the culture of a society or organization over time, often as a response to internal or external influences.