Every March, Bill, who owns and operates a small retail shop, takes a large box of receipts and invoices to his accountant so the accountant can file Bill's taxes in April. Only then does Bill know if his business has been profitable. Bill could benefit from a(n) ________.
A) concurrent control system
B) balanced scorecard system
C) inventory control system
D) management information system

Question

Quizplus · Accepted Answer

Bill could benefit from a management information system that provides him with real-time data on his business's financial performance, rather than relying on yearly tax filings to determine profitability.

Every March, Bill, Who Owns and Operates a Small Retail