At the Most Basic Level, Information Flows Record and Retrieve

question 64

Multiple Choice

At the most basic level, information flows record and retrieve critical data, then execute and control physical and monetary flows, and are referred to as _____.

• A)Internet-based information technology
• B)EDI
• C)strategic decision making
• D)DSSs
• E)transaction processing

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Definitions:

Disposable Income

The finance households possess for setting aside savings and covering expenses, following income tax deductions.

Consumption

The use of goods and services by households.

Fiscal Policy

Government policies related to taxation and spending to influence the economy.

Federal Government's Powers

The specific authorities granted to the federal government of a country, often outlined in its constitution, to manage national affairs and governance.