A Report

question 38

Multiple Choice

A report:

• A)indicates the inputs required for the new system
• B)describes how a particular job or task is performed,including data and information that are used and created in the process of performing the job
• C)indicates what data flow in or out of a system and which are necessary for the system to function
• D)enables you to work backwards from the information on a report to the data that must have been necessary to generate them

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Definitions:

Common-value Auction

An auction format where the item for sale has the same value for everyone but the bidders have different information about that value.

Exact Value

Precise numerical value without approximation, representing the true measure or count of something.

Bidders

Individuals or entities that offer a specific price for goods, services, or assets in auctions or competitive tenders.

Expected Price

The price level that purchasers or sellers anticipate a good or service will have in the future.