Which of the Following Statements Is TRUE of Personal Information

question 63

Multiple Choice

Which of the following statements is TRUE of personal information systems?

• A) Personal information systems that support a particular department are called workgroup information systems.
• B) Adapting to changes in personal information systems is extremely difficult and time consuming.
• C) Personal information systems have a single user only, and so the procedures are probably not documented or formalized.
• D) The solutions to problems in a personal information system usually involve more than one department.

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Definitions:

Disposable Income

Income that is available for saving and spending after income taxes have been deducted.

Consumption

The act of using up goods and services by households or individuals, leading to a decrease in their quantity.

Marginal Propensity

The ratio of a change in consumption (or saving) to a change in income, indicating how much of an income change individuals will spend or save.

Disposable Income

The amount of money available for savings or expenditure after all taxes and social security fees have been deducted.