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Three Major Types of Information Technology Are Used by Executives,managers,and

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Three major types of information technology are used by executives,managers,and workers inside the company to access and share information. They are executive information systems,intranets,and portals.


Definitions:

Carry Forward

A tax provision allowing taxpayers to apply a current year's unused tax credits or losses to future tax years.

80% Test

A requirement or threshold in various contexts where at least 80% of some criteria must be met, but in finance, it often relates to rules around shareholder voting rights or dividend distribution policies.

Recognize Gain

To report and potentially pay taxes on profits from the sale of an asset when the selling price exceeds the asset's adjusted basis.

Stockholder

An individual or entity that owns shares in a corporation, thus holding a portion of the company's ownership.

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