Which of the Following Statements Is True of the Use

question 17

Multiple Choice

Which of the following statements is true of the use of information technology in financial services?

• A) Information technology prevents the spread of financial crises.
• B) Financial services are an information-intensive industry.
• C) Financial services do not use decisions making systems.
• D) It does not require to process large volumes of information.

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Definitions:

Grams of Fat

A measurement of fat content often found on nutritional labels, indicating the mass of fat present in a food item.

Confidence Interval

A range of numerical outcomes, derived from statistical analysis of samples, predicted to contain the value of a mystery population parameter.

Gas Price

The cost per unit volume of gasoline, determined by various factors including crude oil prices, taxes, and demand.

Unleaded Gasoline

A type of petrol or fuel for engines that does not contain lead compounds, used to reduce air pollution and protect the environment.