Data Conversion Is Easier When the New System Replaces a Manual

question 79

True/False

Data conversion is easier when the new system replaces a manual system, because all data can be entered manually, unless it must be scanned.

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Definitions:

Intermediation Revenue Model

A business model where revenue is generated by facilitating transactions between two or more parties.

Real Estate Brokers

Professionals licensed to arrange real estate transactions, negotiating deals between buyers and sellers, often representing one of the parties.

Income Statement

A financial statement that reports a company's revenues, expenses, and profits over a specific period of time.

Operating Costs

Expenses associated with the routine functioning of a business or system.