Choice "C" is correct. Business Information Systems allow a business to perform the following functions on data: collect, process, store, transform, and distribute.
Choice "a" is incorrect. Report is not a function performed on data and store is not the only functions performed on data by a BIS.
Choice "d" is incorrect. Report is not a function performed on data and process and store are not the only functions performed on data by a BIS.
Choice "b" is incorrect. Data initiation is not a function performed by BIS. Data processing, distribution, transformation, and storage are not the only functions performed on data by a BIS.