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Explain How the Five Components of an Information System Are

question 33

Essay

Explain how the five components of an information system are arranged in terms of ease of change and organizational disruption.


Definitions:

Withdrawals

Funds taken out of a business by its owners for personal use.

Income Statement

A financial document that shows a company's revenue, expenses, and profits or losses over a specific period.

Total Revenues

The total amount of income generated by a business from its sales of goods or services before any expenses are subtracted.

Capital Account

An account showing the net worth of a business at a specific point, accounting for assets minus liabilities.

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