____________ Is a Type of System That Automates the Data

question 39

Multiple Choice

____________ is a type of system that automates the data entry and processing of travel and entertainment expenses; these are a type of ___________.

• A)Expense management automation; FAIS
• B)Expense management automation; TPS
• C)Financial and economic forecasting; FAIS
• D)Financial and economic forecasting; TPS

---

Definitions:

Income Elasticity

A measure of how much the quantity demanded of a good responds to a change in consumers' incomes.

Monthly Income

The total amount of income or earnings received by an individual or household in one month, including wages, salaries, benefits, and other sources.

Food

Nutritious substances that people or animals eat or drink to maintain life and growth.

Relatively Elastic

Describes a situation where a small change in price leads to a larger change in quantity demanded or supplied.