Which of the Following Is the Best Definition of an Information

question 15

Multiple Choice

Which of the following is the best definition of an information system?

• A) A set of interrelated components that collect (or retrieve), process, store, and distribute information to support decision making and control in an organization
• B) Computers, keyboards, printers, and telecommunications devices
• C) A set of detailed programmed instructions that transform raw data into information
• D) Physical devices and software that can be connected to share voice, data, images, sound, and video
• E) A global network that uses universal standards

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Definitions:

Organization Expenses

Costs associated with starting and organizing a business or company, which may include legal fees, registration fees, and promotional expenses.

Legal Fees

The charges for services provided by lawyers or law firms, including consultations, representation in legal matters, and the preparation of legal documents.

Promoter Fees

Charges or expenses paid to an individual or company for organizing and finding investors for a particular project or business venture.

Paid-in Capital

The amount of capital provided by shareholders in exchange for shares of stock during the initial offering or through subsequent stock offerings.