Management information systems
A. Collect data, higher personnel, and evaluate workers
B. Store data, present data to users, and make final decisions
C. Collect, store, update, process, and present data
D. Supervise personnel, reprimand workers, and conduct follow-up evaluation
E. Collect relevant information
C. Collect, store, update, process, and present data
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Arthur, Inc plans to develop a shopping center
In the first quarter, the following amounts were spent: Acquisition of land $23,000 Surveys and legal fees 1,400 Land clearing 1,100 Fencing 8,000 Install lighting and signage 11,060 What amount should be recorded as the land improvement cost? A) $9,100 B) $10,500 C) $19,060 D) $2,500
An auditor uses monetary unit sampling with a sampling interval of $20,000 and detects an item with a recorded amount of $10,000 with an audited value of $4,000. The projected misstatement of the sample is
A) $12,000. B) $6,000. C) $10,000. D) $3,000.