Which of the Following Statements Most Accurately Describes the Difference

question 32

Multiple Choice

Which of the following statements most accurately describes the difference between down time and response time?

• A)Response time is the period of time when an information system is not operational and available for use whereas down time is the amount of time between a user action and the response from the information system.
• B)Response time is the moment information is gleaned from the computer whereas down time is the period when the system is off.
• C)Response time is the amount of time between a user action and the response from the information system whereas downtime refers to the period of time when an information system is not operational and available for use.
• D)Response time occurs when the software is downloaded whereas down time refers to the period of time it takes for the software to activate.

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Definitions:

Form 6252

An IRS form used to report income from the sale of property under an installment sale agreement.

Schedule D

A form used with a tax return to report capital gains and losses incurred during the reporting period.

Involuntary Conversions

Events where property or assets are destroyed, stolen, condemned, or disposed of under the threat of condemnation and the owner is compensated, with potential tax implications.

Amended Tax Return

A tax return filed to correct inaccuracies or add new information to a previously filed return, often resulting in a different tax liability.