Which of the Following Statements Is True of Information Technology

question 92

Multiple Choice

Which of the following statements is true of information technology (IT) ?

• A)Information technology includes hardware and software, but excludes telecommunications.
• B)Anything capable of collecting, processing, storing, or displaying electronic data is potentially part of an information system.
• C)Telecommunications and networks should not be confused as a part of IT.
• D)The Internet and the World Wide Web have hampered software creativity.

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Definitions:

Break-even Points

The level of sales at which total revenues equal total costs, resulting in no profit and no loss.

Fixed Expenses

Fixed costs are those that stay the same no matter how much is produced or sold, covering expenses like rental fees, employee salaries, and insurance premiums.

Break-even Sales

The amount of revenue from sales at which a business neither makes a profit nor incurs a loss.

Fixed Expenses

Fixed expenses are costs that do not vary with the level of production or sales, providing stability to a company's budget, such as rent or insurance.