Many IT Systems Do Not Use Source Documents; the Input

question 149

True/False

Many IT systems do not use source documents; the input is automatic.

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Definitions:

Interest Rate

The proportion of a total amount of money that is charged for borrowing it, frequently presented as a yearly rate.

Marginal Efficiency

Marginal efficiency relates to the additional utility or benefit gained from consuming or producing one more unit of a good or service.

Inventory Investment

The purchase of goods that are not sold immediately but are held for future sales, contributing to a company's assets.

Inventory

The total amount of goods and materials held in stock by a business or company.