Which of the Following Phrases Best Describes a System That

question 35

Multiple Choice

Which of the following phrases best describes a system that inputs data, performs one or more calculations, and produces output data?

• A) manual calculator
• B) digital computer
• C) data-processing system
• D) difference engine
• E) cash register

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Definitions:

Helpline Costs

Expenses incurred in operating a support service that provides assistance to users, typically over the phone or online.

Volume

In finance, it refers to the total number of shares or contracts traded for a specific security or market during a given period.

Calls

In finance, refers to an agreement that gives the buyer the right, but not the obligation, to buy a stock, bond, commodity, or other instrument at a specified price within a specific time period.

Step-Variable Cost

Costs that remain fixed over a specific range of production or activity, but jump to a higher level once a certain threshold is exceeded.