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Which of the Following Is an Impact of Information Technology

question 45

Multiple Choice

Which of the following is an impact of information technology on the buying process?


Definitions:

Cost

An amount that must be paid or spent to buy or obtain something, which can include money, time, or labor in the context of production or services.

Benefits

Refers to the advantages or positive outcomes derived from a particular action, policy, or product.

Information Derived

Information derived means the knowledge or data obtained as a result of processing, analyzing or interpreting original data sources.

Management Accountant

A professional who focuses on providing financial data and analysis to managers for decision-making purposes.

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