The Five-Component Framework of an Information System Consists of Computer

question 21

Multiple Choice

The five-component framework of an information system consists of computer hardware,software,data,people,and ________.

• A)procedures
• B)tools
• C)bugs
• D)device drivers

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Definitions:

Revenue Variance

Revenue variance is the difference between actual revenue and budgeted or forecasted revenue, indicating the effectiveness of a company’s sales strategies.

Units Sold

The quantity of products or services sold by a company during a specific period of time.

Selling Price

The amount of money charged for a product or service, or the sum of the value that customers exchange for the benefits of having or using the product or service.

Revenue Variance

The difference between the actual revenue earned and the expected revenue that was budgeted for a specific period.