a b) financing cycle 8. Which of the following is a function of an AIS? a) reducing the need to identify a strategy and strategic position b) transforming data into useful information c) allocating organizational resources d) expenditure cycle d) automating all decision making 9. Which of the following is NOT a characteristic of useful information? a) Relevant b) Verifiable c) Timely 10. What is data? a) All of the facts that are collected, stored, and processed by an information system All of the debit and credit information about each transaction b c) The output which results from the input of information d) The same thing as information 11. Information can improve decision making in what way? a) It identifies situations requiring management action. MATCHING Match the description liste d) e b) It provides a basis for choosing among alternative actions. c) Provides valuable feedback that can be used to improve future decisions. d) All of the above. Accessible Cost-effective​