In the Context of an Information System, _____ Involves Keeping

question 15

Multiple Choice

In the context of an information system, _____ involves keeping data and information available for future use.

• A) input
• B) storage
• C) feedback
• D) retrieval

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Definitions:

CCA Class

refers to the Capital Cost Allowance Class, a categorization used in Canadian tax to determine the depreciation rate for tax purposes on assets.

Annual Depreciation

The method of allocating the cost of a tangible asset over its useful life on a yearly basis.

Cost of Debt

The effective rate that a company pays on its total debt, reflecting the expense of borrowing funds.

Straight-Line Depreciation

A method of allocating an asset's cost evenly across its useful life.