All of the Following Are Examples of Transactions in an Information

question 7

Multiple Choice

All of the following are examples of transactions in an information system EXCEPT:

• A)acquiring products from vendors.
• B)selling items.
• C)paying employees.
• D)storage of sales records.

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Definitions:

Nonexcludable

Characterizes a good or service for which it is not possible to prevent individuals who do not pay from consuming it, leading to potential free-rider problems.

Nonpaying Customers

Individuals who receive a good or service without providing monetary compensation.

Externality

A cost or benefit caused by a producer that is not financially incurred or received by that producer.

Pollution

The contamination of the environment by harmful substances or waste, leading to adverse effects on living organisms and ecosystems.