According to Peter G. Keen, a benefit of a decision support system is that it helps in making better decisions.
A decision support system simply means a computerized program that is used for supporting judgments in an organization. It's used for decision-making.
According to Peter G. Keen, a decision support system is also vital as it helps in increasing communication and saves costs. It also aids new insights and learning.
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General-purpose financial statements are the product of: <u>both financial and managerial accounting.</u>
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<h3>What is the definition of general purpose financial statements?</h3>
The general definition of financial statements is to provide information about the effects of operations, financial position, and cash flows of an organization. This information is employed by the readers of financial statements to make judgments regarding the allocation of resources.
<h3>What are the three general objective financial statements?</h3>
The balance sheet, income statement, and cash flow information each offer unique pieces with information that is all connected. Together the three statements give a comprehensive portrait of the company's working activities.
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Answer:$49,350
Explanation:
The total cost of direct labor for the month will be:= 940 units × 3.5 × $15= $49,350
A central planning board makes all economic decisions concerning resources and. The government owns most property, resources are the characteristics that best describe a command system.
<h3>What is command system?</h3>
Command system is the economic system where government has a special and major role. That detects the economic with the real world problem like the coordination problem, moral problem, hazardous problem and others.
Thus, option B and C are correct.
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