"Tax-Pro" can access data, existing on other systems, to produce the necessary reports. So the data from other systems, is considered for "Tax-Pro" as: * Output O Processing O Input O Feedback
"Tax-Pro" can access data, existing on other systems, to produce the necessary reports. So the data from other systems, is considered for "Tax-Pro" as: * Output O Processing O Input O Feedback
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
Related questions
Question
Management Information Systems
Transcribed Image Text:The Lebanese ministry of finance has recently announced a new regulation regarding how to control and
calculate the companies due taxes. According to this announcement companies must use a special
software application to link their data (balance sheets and other tax related information) online with the
ministry. Since then, most of the companies have adopted "Tax-Pro", a system designed specifically for
such activities and approved by the ministry. "Tax-Pro" can access and extract all the company's data,
already existed on other systems, and then produce many periodic reports like monthly, quarterly, and end-
of-year balances, plus various taxation accounts. The main purpose of the system is to control and
monitor all tax-related information of these companies.
"John", the manager of one of the companies using "Tax-Pro", suggested that the system must include a
portal for more analytical power, mainly to get a real-time view of the company's key financial performance
indicators compared with market and competitors information.
"Tax-Pro" can access data, existing on other systems, to produce the necessary
reports. So the data from other systems, is considered for "Tax-Pro" as: *
Output
O Processing
O Input
Feedback
Transcribed Image Text:The Lebanese ministry of finance has recently announced a new regulation regarding how to control and
calculate the companies due taxes. According to this announcement companies must use a special
software application to link their data (balance sheets and other tax related information) online with the
ministry. Since then, most of the companies have adopted "Tax-Pro", a system designed specifically for
such activities and approved by the ministry. "Tax-Pro" can access and extract all the company's data,
already existed on other systems, and then produce many periodic reports like monthly, quarterly, and end-
of-year balances, plus various taxation accounts. The main purpose of the system is to control and
monitor all tax-related information of these companies.
"John", the manager of one of the companies using "Tax-Pro", suggested that the system must include a
portal for more analytical power, mainly to get a real-time view of the company's key financial performance
indicators compared with market and competitors information.
According to the systems for different management groups, "Tax-Pro" is
considered as a(n): *
O MIS
O TPS
O ESS
O DSS
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps
Recommended textbooks for you
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON