Which of the Following Is Not One of the Components

question 41

Multiple Choice

Which of the following is not one of the components of an AIS?

• A)internal controls and security measures
• B)people
• C)procedures and instructions
• D)hardware

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Definitions:

Short Run

A period in economics during which at least one factor of production is fixed, limiting the ability of a business to adjust fully to market changes.

Rent Control

Government-imposed limits on the amount landlords can charge tenants for lease agreements, aimed at making housing more affordable.

Long Run

A period of time in economics during which all factors of production and costs are variable, allowing companies to adjust to market changes fully.

Price Floor

A government-imposed minimum price charged on goods and services, aimed at preventing prices from going too low.