An Information System Can Be Defined Technically as a Set

question 28

Multiple Choice

An information system can be defined technically as a set of interrelated components that collect (or retrieve) , process, store, and distribute information to support:

• A)decision making and control in an organization.
• B)communications and data flow.
• C)managers analyzing the organization's raw data.
• D)the creation of new products and services.

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Definitions:

Cash Payments Journal

A financial journal used in accounting to record all cash payments made by a business, including expenses, purchases, and debt repayments.

Bank Reconciliation

The process of matching and comparing the company's financial records against the bank statements to ensure accuracy.

Cash Balance

The amount of cash or cash equivalents held by an entity at any given time.

Appropriate Code

A set of rules or guidelines that are used to govern behavior or actions, often in a professional or technical context.