Which of the Following Statements Is True of the Use

question 103

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 is 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:

Primary Data

Primary data is original data collected directly by the researcher for a specific research purpose, as opposed to being gathered from existing sources.

Experienced

Having gained knowledge, skill, or wisdom through involvement in a wide range of activities or situations over time.

Observed

Refers to something that has been noticed or recorded following a deliberate effort to watch or study it.

Meeting Minutes

A written record of the discussions, decisions, and actions taken during a meeting.