Suppose That a Typical Household in the United States Has $\%$

question 67

Multiple Choice

Suppose that a typical household in the United States has an average after-tax income of $38,450. The circle graph below represents how this annual income is spent. (Note: It is because of rounding that the percents do not add up to 100 $\%$ .) How much more is spent on food than on entertainment?

• A) $34.61
• B) $3460.50
• C) $3360.50
• D) $346.05
• E) $3560.50

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Definitions:

Information System

A set of components that work together to manage and process data, transforming it into useful information for decision-making.

Collusion

A secret agreement or cooperation between two or more parties for a fraudulent, illegal, or deceitful purpose, often in business or trade practices.

Internal Control System

An internal control system encompasses the rules, procedures, and measures implemented by an organization to safeguard assets, enhance the reliability of financial reports, and ensure compliance with laws and regulations.

Systems Design

The process of defining the architecture, components, modules, interfaces, and data for a system to satisfy specified requirements.