Which statement below regarding the AIS is false?
A) The AIS must be able to provide managers with detailed and operational information about the organization's performance.
B) Both traditional financial measures and operational data are required for proper and complete evaluation of performance.
C) The AIS was often just one of the information systems used by an organization to collect and process financial and nonfinancial data.
D) Traditionally, most AIS have been designed so that both financial and operational data are stored in a manner that facilitates their integration in reports.
Answer: D
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Brokers who fail to renew their licenses have a 31-day grace period to continue practicing real estate and pay the fee.
a. true b. false
Which of the following variables is considered non-random or deterministic?
A) next year's cash flow projections B) future interest rates C) last year's income D) projected value of the euro next week E) projected NASDAQ index