Which of the Following Statements Is True About Information Systems

question 65

Multiple Choice

Which of the following statements is true about information systems?

• A) Most firms spend a huge portion of their information technology budgets on training and system security.
• B) New programs should be thoroughly tested across the range of a firm's hardware after deployment.
• C) Purchase, configuration, and licensing costs for packaged software account for most information technology expenses of a firm.
• D) Firms need to vigilantly manage the moving target of computer security issues.
• E) Total cost of ownership of information systems is often a redundant concept while making technology investment decisions.

---

Definitions:

Foreign Currency

Money or currency of a country other than one's own, used for international trade or investment.

Extraordinary Item

Unusual and infrequent gains or losses that are distinct from the regular operations of a company, reported separately in financial statements.

Income Statement

A financial statement that reports a company's revenues, expenses, and net income over a specific period, showing profitability.

Special Item

Unusual or infrequent gains or losses not classified as extraordinary but significantly important to understand a company's financial health.