Output

question 29

Multiple Choice

Output:

• A)is feedback that has been processed to create meaningful information.
• B)is information that is returned to appropriate members of the organization to help them evaluate the input stage.
• C)transfers data to the people who will use it or to the activities for which it will be used.
• D)transfers processed information to the people who will use it or to the activities for which it will be used.
• E)converts raw input into a meaningful form.

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Definitions:

Securities and Exchange Commission

A U.S. government agency responsible for enforcing federal securities laws, regulating the securities industry, and ensuring stock market integrity.

Legal Authority

An entity or institution that has the legally granted power to make decisions, and to enforce laws or rules.

Financial Statement

A summary report that comprehensively shows a company's financial performance and position at a specific point in time, including the balance sheet, income statement, and cash flow statement.

Statement of Operations

A financial report detailing a company's revenues, expenses, and profits over a specific period, also known as an income statement.