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. Traditionally, most AIS have been designed so that both financial and operational data are stored in a manner that facilitates their integration in reports. d. The AIS was often just one of the information systems used by an organization to collect and process financial and nonfinancial data.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

it is a i took the test.