With the Exception of Systems Analysts, All the Major Job

question 89

True/False

With the exception of systems analysts, all the major job positions in the information systems (IS) industry require business knowledge.

---

Definitions:

Biological Asset

A living animal or plant.

AASB 141

Refers to the accounting standard issued by the Australian Accounting Standards Board that deals with agriculture and requires biological assets to be measured at their fair value less estimated point-of-sale costs.

IAS 41

An International Accounting Standard that outlines the accounting for agricultural activity, including the transformation of biological assets (living plants and animals) into agricultural produce.

Economic Benefits

The benefits obtained from the use of goods or services that contribute to an entity's cash flow.