Match Each of the Following Terms with Its Definition

question 88

Multiple Choice

Match each of the following terms with its definition.
-A cost associated with an information system that can be measured in dollars and with certainty.

• A)intangible benefit
• B)intangible cost
• C)one-time cost
• D)recurring cost
• E)tangible benefit
• F)tangible cost

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Definitions:

Income Inequality

The uneven distribution of income within a population.

Income Distribution

The way in which total income is shared among the owners of different factors of production and across various participants in the economy.

World War II

A global conflict that occurred from 1939 to 1945, involving most of the world's nations and resulting in significant political, social, and economic changes.

Welfare Program

Governmental provision of economic assistance to persons in need.