Which of the Following Is True of Information Systems

question 32

Multiple Choice

Which of the following is true of information systems?

• A) They are off-the-shelf software without adaptation.
• B) They can be adapted to fit business needs.
• C) They cannot be purchased as off-the-shelf software.
• D) They cannot be tailor made.

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Definitions:

Income Ratio

The Income Ratio is a financial metric used to assess a company's profitability by comparing its income to a particular base, such as revenue or assets.

Capital Balance

The amount of money invested in a business by its owners or shareholders, reflected in the company's balance sheet.

Revenue Accounts

These accounts track the income earned by a company from its sales or services before any deductions are made.

Expense Accounts

Accounts used to track money spent or costs incurred by a business in its operational activities.