The Component of an Information System Which Represents Non-Tangible Code

question 25

Multiple Choice

The component of an Information System which represents non-tangible code that directs a computer's processor is ____________.

• A)Hardware
• B)Software
• C)Network
• D)Data

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Definitions:

Credit

An accounting entry that either increases a liability or equity account, or decreases an asset or expense account.

Assets

Resources owned by a business or individual that have economic value and can be used to meet debts or commitments.

Liabilities

Financial obligations or debts owed by a business to external parties or entities, which must be settled over time through the transfer of economic benefits.

Revenue

The total amount of money received by a company from its business activities, such as selling goods or services, before any expenses are subtracted.