System Software Consists of Programs That Support Day-To-Day Business Functions

question 72

True/False

System software consists of programs that support day-to-day business functions and provide users with the information they require.​

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Definitions:

Opportunity Cost

The cost of foregoing the next best alternative when making a decision, representing the benefits one misses out on when choosing one option over another.

Sunk Cost

A cost that has already been incurred and cannot be recovered.

Market Value

The current price at which an asset or service can be bought or sold.

Water Policy

Regulations and standards governing the use, management, and conservation of water resources to ensure sustainability and equitable access.