Which Part of an Information System Consists of the Rules

question 71

Multiple Choice

Which part of an information system consists of the rules or guidelines for people to follow?

• A) People
• B) Procedures
• C) Internet
• D) Data

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Definitions:

Tax Rate

The percentage at which an individual or corporation is taxed on their income or profits.

Fiscal Policy

Government actions intended to spark or diminish consumption.

Monetary Policy

Manipulations in the interest rates, the banking rules, and the volume of currency in a country, with a goal to spark or diminish consumption.

Budget Deficit

The financial situation where a government's expenditures exceed its revenues within a specific time period, leading to borrowing or debt accumulation.