Match the Options Below with the Correct Phrases

question 60

Multiple Choice

Match the options below with the correct phrases:
-transactional processing

• A)an MIS built upon computer hardware and software
• B)unprocessed facts and figures
• C)the use of IT by people who are free from control by top management
• D)a unit within a decentralized CIS that operates to serve its unit's members with their own sets of hardware, software, and specialists
• E)the mechanical machine capability to learn, sense, and think
• F)software programs designed to execute specific sets of tasks
• G)an analytical model that couples the manager's experience, judgment, and intuition with the computer's data access, display, and calculation processes.
• H)also known as a data bank
• I)a computer procedure in which data are received about a company's ongoing operations and entered into data banks as each transaction occurs.

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Definitions:

Fiscal Policy

The use of government spending and taxation to influence the economy, including efforts to adjust the level of aggregate demand through public expenditure and taxation rates.

National Debt

The full amount of capital that a country's political authority has borrowed through a range of means.

Economic Growth

An increase in the production of goods and services in an economy over a period, often measured by GDP growth.

Budget Deficits

The situation that occurs when a government spends more money than it receives in revenue over a specific period of time.