Which of the Following Is Not True of Information Systems

question 68

Multiple Choice

Which of the following is not true of information systems?

• A) Information systems are crucial for tracking employee payroll, taxes, benefits, and timesheets.
• B) Information systems are crucial for tracking assets and inventories.
• C) Most organizations develop their own information systems to handle their back-office information needs.
• D) Many organizations are moving these information system functions to service providers or even outsourcing them entirely.

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Definitions:

Market Rate

Market rate, in economics, refers to the prevailing price of goods, services, or labor in a competitive market, determined by supply and demand dynamics.

Risk-Free Rate

The theoretical return on an investment with no risk of financial loss, often represented by the yield on government securities.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision.

Capital

The financial assets or resources that individuals or companies use to fund their operations and invest in their businesses.