Question 1 (1 point) Product pricing is important to identify products, sales pe

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Question 1 (1 point)

Product pricing is important to identify products, sales personnel, and customers that contribute to profits and those that do not.

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Question 2 (1 point)

A flexible manufacturing system determines when finished products are needed and then works backward to determine deadlines and resources needed.

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Question 3 (1 point)

A(n) _____ report is the management report that summarizes the previous day’s critical activities and is typically available at the start of each workday.

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exception

drill-down  

key-indicator

demand

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Question 4 (1 point)

Most financial MISs integrate financial and operational information from multiple sources, including the Internet, into a single system.

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Question 5 (1 point)

A group decision support system (GSS), consists of most of the elements in a DSS, plus software to provide effective support in group decision-making settings.

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Question 6 (1 point)

Explanation / Answer

Q1 – FALSE

Q2 – FALSE (JIT system determines when finished products are needed and then works backward to determine deadlines and resources needed.)

Q3 – Key-Indicator report

Q4 – FALSE   (Financial MIS has nothing to do with operational information )

Q5 – TRUE

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