IT Systems Have Dramatically Affected Many Aspects of Business

question 14

Multiple Choice

IT systems have dramatically affected many aspects of business.Which of the following is not one of the changes?

• A)Data input into accounting information systems.
• B)The way that data is processed in the system.
• C)The accounting information that is reported by the system.
• D)The outputs of the system.

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Definitions:

Patent

A legal document granting an inventor exclusive rights to produce, use, and sell an invention for a certain period of time.

Average Total Cost

The total cost of production (fixed and variable costs) divided by the number of units produced, representing the cost per unit.

Raw Materials

are the basic materials from which products are made, often used in manufacturing and production processes.

Production Process

The series of steps and operations involved in the production of goods or services.