Which of the Following Statements Is True of Information Systems

question 11

Multiple Choice

Which of the following statements is true of information systems?

• A)They are off-the-shelf software without adaptation.
• B)They can be adapted to fit business needs.
• C)They can be purchased as off-the-shelf software.
• D)They cannot be tailor-made.

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Definitions:

Merchandise

Goods bought and sold by a business in the ordinary course of its trading activities.

Detailed Income Statement

A comprehensive financial statement that summarizes a company’s revenues, expenses, and profits/losses over a specific period.

Business Activities

Economic actions undertaken by a company, ranging from operational to financial transactions.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, resulting in a net income or loss.