A Man-Made System That Generally Consists of an Integrated Set

question 122

Multiple Choice

A man-made system that generally consists of an integrated set of computer-based components and manual components established to collect, store, and manage data and to provide output information to users.

• A) information system
• B) output system
• C) business event system
• D) database system

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Definitions:

Common Stock

A type of security that signifies holding an equity stake in a corporation, indicating ownership in the company.

Dividends

Profits paid out by a company to its stockholders, frequently as a distribution of earnings.

Asset Account

An account on a company's balance sheet that represents the resources owned by the company that have economic value.

Liability Account

An account on the balance sheet indicating obligations or amounts owed to others that will require a future outlay of resources.