An Information System Is One of the Five Components by Which

question 81

True/False

An information system is one of the five components by which a company can achieve its internal control objectives.

---

Definitions:

Rejection

The refusal to accept an offer or proposal, in the context of contracts, it is the refusal to agree to the terms.

Valid

A term applied to a contract that includes all four elements of a contract: agreement (offer and acceptance), consideration, contractual capacity, and legal object.

Time Condition

A stipulation in a contract or agreement that specifies a period or deadline by which certain actions must be performed.

Primary Sources

Original documents or evidence directly related to a topic, used in research or historical context.