A Cost Associated with an Information System That Can Be

question 16

Multiple Choice

A cost associated with an information system that can be measured in dollars and with certainty best describes:

• A) economic cost.
• B) tangible cost.
• C) intangible cost.
• D) one-time cost.
• E) measurable cost.

---

Definitions:

Protective Tariffs

Taxes imposed on imported goods to protect domestic industries from foreign competition by making the imported goods more expensive compared to local products.

Trade Deficit

A situation where a country’s imports exceed its exports during a given time period, leading to a negative balance of trade.

Capital

All means of production (mainly plant and equipment) created by people.

Better Paid

Describes a position or job that offers a higher salary compared to others, often reflecting skill level, experience, or demand.