What Term Defines Legal and Illegal Market-Based Transactions Not Reported

question 29

Multiple Choice

What term defines legal and illegal market-based transactions not reported to the revenue-gathering agency?

• A)the secret economy
• B)the local economy
• C)the underground economy
• D)the global economy

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Definitions:

Barcode Readers

Electronic devices that can read and output printed barcodes to a computer.

Fat Client

A computer in a client-server architecture that performs the bulk of data processing operations itself, rather than relying on a server.

Thin Client

A computer that relies heavily on another system (its server) to perform its computational roles and applications, characterized by its minimal local storage and computational requirements.

Hardware

The physical components of a computer system, such as the CPU, hard drive, and RAM, necessary for the operation of software.