Chapter 11 Flashcards
The department in charge of recording all financial activity is the ________ department.
Accounting
This management level deals with control, planning, and decision making.
middle
This level of management needs summarized information such as weekly or monthly reports.
middle
Top-level managers use ________ to help oversee the company’s operations and develop strategic plans.
ESS
The money that the company owes for goods and services is handled by
accounts payable
Management information systems produce reports that are ________; they always follow the same format and show the same types of information.
predetermined
These types of systems would most likely be used to assist a manager in getting answers to unexpected and generally nonrecurring kinds of problems.
DSS
These systems permit a firm’s top executives to gain direct access to information about the company’s performance.
ESS
________ workers distribute, communicate, and create information.
iNFORMATION
These systems are computer systems that allow people located at various locations to communicate and have live meetings.
VIDEOCONFERENCING
Individuals involved to the creation of information.
knowledge workers
System used to support the collective work of a team addressing large problems.
GDSS
Report that calls attention to unusual events.
Exception point
Activity that produces income statements and balance sheets based on all transactions of a company.
general ledger
Report generated at regualr intervals.
Periodic report
