A Manmade System That Generally Consists of an Integrated Set

question 5

Multiple Choice

A manmade 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)master data system

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Definitions:

Stockholders

Individuals or entities that own shares in a corporation, giving them various rights like voting on company matters and receiving dividends.

Cost-Volume-Profit Graph

A visual representation that shows how changes in cost, volume, and profit affect a business.

Net Income

The amount of profit remaining after all expenses, taxes, and costs have been subtracted from total revenue.

Variable Costs

Costs that change in proportion to the level of activity or volume of production in a business.