The Purpose of an Information System's _____ Component Is Generating

question 37

Multiple Choice

The purpose of an information system's _____ component is generating the most useful type of information for making decisions.

• A)process
• B)internal data
• C)external data
• D)database

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Definitions:

Market Rate

The ongoing market rate at which you can buy or sell an asset or service.

Contract Rate

The interest rate stated in a loan or lease agreement, dictating the rate at which interest accrues on the outstanding principal.

Bond Premium

The excess of a bond's market price over its principal amount or nominal value.

Straight-line Method

A strategy for computing depreciation or amortization through evenly apportioning the cost of an asset across its expected useful duration.