Which of the following System deals with generation and processing of reports that are vital for management decision-making? |
Management Information System Final account sub system Costing sub system Budget sub system |
Management Information System |
The correct answer is option 1- Management Information System. Management Information System deals with generation and processing of reports that are vital for management decision-making. Management Information System (MIS) deals with generation and processing of reports that are vital for management decision-making. The Information system should be so flexible as to provide customised reports to support various managerial functions such as planning, organising, staffing, oversight, control and decision-making including operational, functional and strategic nature. |