Which of the Following BEST Describes Information

question 63

Multiple Choice

Which of the following BEST describes information?

• A) the useful interpretation of facts and figures
• B) a list of company names provided by the local Chamber of Commerce
• C) the collection of raw facts and figures
• D) controlled flow of words for a useful purpose
• E) databases and flowcharts

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Definitions:

Government Securities

Financial instruments issued by the government to finance its expenditures, including bonds, notes, and bills, that pay interest to investors.

Dollar Amount

The value of an item or transaction expressed in U.S. dollars, a common measure for comparing financial value.

Federal Reserve Deposits

Reserves held by commercial banks at the Federal Reserve, which are used to meet reserve requirements and facilitate day-to-day banking operations.

Check Clearing

The process by which banks settle transactions made by checks, ensuring that the funds move from the check writer's account to the recipient's.