The Process of Creating and Maintaining Information Systems Is Called

question 2

Multiple Choice

The process of creating and maintaining information systems is called ________.

• A) systems development
• B) systems acquisition
• C) systems definition
• D) systems configuration

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Definitions:

Return on Investment

A performance measure used to evaluate the efficiency or profitability of an investment, calculated as the net profit over the cost of investment.

Contribution Margin

Revenues less variable costs.

Discretionary Expenses

Non-essential spending or expenses that can be reduced or eliminated without impacting the fundamental living standard.

Net Income

The total profit remaining after all expenses, taxes, and deductions have been subtracted from total revenue.