11. What are the fundamental objectives of all information systems? A.to support the stewardship function of management,B.to support the decision-making processes of managers, andC.to support the day-to-day operations of the firm.24. Distinguish between conceptual and physical systems.The conceptual system must first be determined. It specifies the nature of the information required, how and when it is to be collected, and who is the user. For each conceptual system, many different physical configurations may be possible. The physical system is the medium and method used to collect the data, process it, and disseminate the resulting information.Discussion Question2. Comment on the level of detail necessary for operations management, middle management, and stockholders.THE LEVEL OF DETAIL NECESSARY FOR THE STOCKHOLDERS IS HIGHLY AGGREGATED AND TYPICALLY FOLLOWS THE FORMAT PRESCRIBED BY THE SEC AND GAAP. MUCH MORE DETAILED INFORMATION IS NECESSARY FOR MIDDLE MANAGEMENT TO PLAN AND CONTROL OPERATIONS. HIGHLY DETAILED INFORMATION IS NEEDED AT THE OPERATIONS MANAGEMENT LEVEL IN ORDER TO RUN THE DAY-TO-DAY BUSINESS PROCESSES AND OPERATIONS