Management information systems came into existence during the computer age.

Answer the following statement true (T) or false (F)


False

Management information systems have existed for as long as there have been organizations and were mostly paper-based until the advent of the computer age.

Business

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An example of a cash flow related to a liability that would not appear in the financing activities category of the statement of cash flows is

a. mortgage payable. b. bonds payable. c. deferred income taxes. d. a lease obligation.

Business

The sale of a depreciable asset resulting in a loss indicates that the proceeds from the sale were

a. less than current market value. b. greater than cost. c. greater than book value. d. less than book value.

Business

Which team member role might claim to be an expert or knowledgeable on almost every topic?

A. the aggressor B. the blocker C. the recognition-seeker D. the player

Business

Which of the following items is not part of the calculation for segment margin?

A) Contribution margin B) Traceable fixed expenses C) Common costs D) Variable costs

Business