Beginning with the Late 1980s the Goal of Information Technology

question 75

Multiple Choice

Beginning with the late 1980s the goal of information technology was to

• A) improve the flow of financial information throughout business organizations.
• B) use new technologies to offer new methods of conducting business.
• C) prevent proprietary information from falling into the hands of competitors.
• D) use new technologies to improve old methods.

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Definitions:

Mortgage Deduction

A tax deduction that allows homeowners to subtract the interest paid on their mortgage from their taxable income.

Federal Income Tax

A tax levied by the United States federal government on the annual income of individuals, corporations, trusts, and other legal entities.

Economic Statement

A declaration or report that provides information regarding the financial performance or economic conditions of an entity, sector, or economy.