Information Systems and Information Technology Are Not the Same

question 85

True/False

Information systems and information technology are not the same.

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Definitions:

Donor Restrictions

Limitations placed by a donor on how a non-profit organization can use the donated funds.

Animal Rescue Agency

An organization dedicated to rescuing and caring for animals in distress or peril.

ASU 2016-14

An update issued by the Financial Accounting Standards Board (FASB) aimed at improving the way not-for-profit organizations present their financial statements.

GAAP

Generally Accepted Accounting Principles, which are a set of accounting standards and procedures used to prepare financial statements in the US.