In Terms of System Thinking, What Is the Computer Program

question 63

Multiple Choice

In terms of system thinking, what is the computer program that processes the data?

• A) Input
• B) Output
• C) Process
• D) Feedback

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Definitions:

Promissory Note

A financial instrument containing a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.

Maker

In terms of financial instruments, the maker is the party that creates or issues the instrument, such as a check or promissory note.

Payee

The party in a financial transaction who receives payment.

Note Receivable

A written promise that entitles the holder to receive a specified amount of money from another party at a future date.