The Information Processing Cycle Consists of Which Four Functions

question 12

Multiple Choice

The Information Processing Cycle consists of which four functions?

• A) Input, Processing, Output, Storage
• B) Storage, Deleting, Output, Input
• C) Managing, Storage, Input, Output
• D) Arranging, Processing, Output, Storage

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Definitions:

Operating Income

Earnings before interest and taxes (EBIT), a measure of a company's profit generated from its core operations excluding the effects of financing and taxes.

Operating Leverage

A measure of how revenue growth translates into growth in operating income, due to fixed costs within a company's operating structure.

Variable Costs

Charges that shift in alignment with the volume of business activity.

Operating Income

Income generated from a company's primary business operations, excluding revenue from investments and other non-operational sources.