Which of the Following Is True

question 253

Multiple Choice

Which of the following is true?

• A) Trade does not produce anything new; therefore, it cannot create value.
• B) The value of a good is determined by the cost of the material resources required for its production.
• C) The value of a good generally depends on who uses it and circumstances such as when and where it is used.
• D) All of the above are true.

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Definitions:

Systems Programmer

A specialist responsible for writing and maintaining system software that runs computer hardware and provides a platform for running application software.

Systems Software

Software designed to provide a platform for other software. Examples include operating systems, device drivers, and utilities.

Sensor Data

Information obtained from devices designed to detect and respond to physical inputs from the environment, like temperature or light.

IS Organization

Information Systems (IS) Organization refers to the structured arrangement within a company that is responsible for the management, planning, and deployment of information systems.