Information Resources Are Defined as the Available Data, Technology, People

question 53

Short Answer

Information resources are defined as the available data, technology, people, and ______ available in an organization to be used by managers to complete business tasks.

---

Definitions:

Net Collection Float

The time difference between when a check is deposited and when the funds are available in the firm's account, affecting available cash.

Net Disbursement Float

The time difference between when a check is issued by a company and when the funds are actually withdrawn from the company's bank account.

Outstanding Checks

Checks that have been written and recorded in the account ledger but not yet cashed or cleared by the bank.

Availability Delay

The delay between the time a deposit is made into a bank account and the time those funds become accessible.