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List and Briefly Explain the Five-Component Model of an Information

question 31

Essay

List and briefly explain the five-component model of an information system with examples.


Definitions:

Cash

Cash refers to money in the physical form of currency, such as banknotes and coins, which is used to conduct transactions.

Utilities Expense

The cost incurred by a business for basic utilities such as water, electricity, gas, and sewage services.

Slide

The error that results in adding or deleting zeros in the writing of a number. Example: 79,200 → 7,920.

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