Management Information Systems The Lebanese ministry of finance has recently announced a new regulation regarding how to control andcalculate the companies due taxes. According to this announcement companies must use a specialsoftware application to link their data (balance sheets and other tax related information) online with theministry. Since then, most of the companies have adopted "Tax-Pro", a system designed specifically forsuch 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 andmonitor all tax-related information of these companies."John", the manager of one of the companies using "Tax-Pro", suggested that the system must include aportal for more analytical power, mainly to get a real-time view of the company's key financial performanceindicators compared with market and competitors information."Tax-Pro" can access data, existing on other systems, to produce the necessaryreports. So the data from other systems, is considered for "Tax-Pro" as: *OutputO ProcessingO InputFeedback The Lebanese ministry of finance has recently announced a new regulation regarding how to control andcalculate the companies due taxes. According to this announcement companies must use a specialsoftware application to link their data (balance sheets and other tax related information) online with theministry. Since then, most of the companies have adopted "Tax-Pro", a system designed specifically forsuch 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 andmonitor all tax-related information of these companies."John", the manager of one of the companies using "Tax-Pro", suggested that the system must include aportal for more analytical power, mainly to get a real-time view of the company's key financial performanceindicators compared with market and competitors information.According to the systems for different management groups, "Tax-Pro" isconsidered as a(n): *O MISO TPSO ESSO DSS

Question

Management Information Systems The Lebanese ministry of finance has recently announced a new regulation regarding how to control andcalculate the companies due taxes. According to this announcement companies must use a specialsoftware application to link their data (balance sheets and other tax related information) online with theministry. Since then, most of the companies have adopted &#34;Tax-Pro&#34;, a system designed specifically forsuch activities and approved by the ministry. &#34;Tax-Pro&#34; 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 andmonitor all tax-related information of these companies.&#34;John&#34;, the manager of one of the companies using &#34;Tax-Pro&#34;, suggested that the system must include aportal for more analytical power, mainly to get a real-time view of the company's key financial performanceindicators compared with market and competitors information.&#34;Tax-Pro&#34; can access data, existing on other systems, to produce the necessaryreports. So the data from other systems, is considered for &#34;Tax-Pro&#34; as: *OutputO ProcessingO InputFeedback The Lebanese ministry of finance has recently announced a new regulation regarding how to control andcalculate the companies due taxes. According to this announcement companies must use a specialsoftware application to link their data (balance sheets and other tax related information) online with theministry. Since then, most of the companies have adopted &#34;Tax-Pro&#34;, a system designed specifically forsuch activities and approved by the ministry. &#34;Tax-Pro&#34; 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 andmonitor all tax-related information of these companies.&#34;John&#34;, the manager of one of the companies using &#34;Tax-Pro&#34;, suggested that the system must include aportal for more analytical power, mainly to get a real-time view of the company's key financial performanceindicators compared with market and competitors information.According to the systems for different management groups, &#34;Tax-Pro&#34; isconsidered as a(n): *O MISO TPSO ESSO DSS

Accepted Answer

As per the guidelines answering the first question
Technological integration is the strategy adopted…

"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