Information Technology 3 Grade 11

The abbreviation EFT stands for Electronic Fund Transfer or Electronic Funds Transfer. Both terms refer to the electronic transfer of money from one bank account to another. This method eliminates the need for physical checks or cash and allows for quick and convenient transactions.

Raw facts that are collected and recorded are referred to as data. Data is the unprocessed and unorganized information that can be analyzed and interpreted to derive meaningful insights and make informed decisions.

Data that has been processed and organized in a meaningful way becomes information. Information is the result of data that has been analyzed, interpreted, and given context or relevance. It provides knowledge and understanding to the user, allowing them to make informed decisions or draw conclusions. Therefore, the correct answer for this question is "INFORMATION".

Range check is a type of verification process that ensures that a value falls within a specified range or set of acceptable values. It is commonly used to validate input data and prevent errors or inconsistencies. By performing a range check, the system can verify that the input value is within the expected range, and if not, it can prompt the user to correct the input. This helps to maintain data integrity and improve the overall accuracy and reliability of the system.

Validation is the process of checking the input data for errors. It ensures that the data entered meets certain criteria or rules, such as format, range, or consistency. Validation helps to prevent incorrect or invalid data from being processed, improving the accuracy and reliability of the system.

The lowest level of decision making is operational. Operational decisions are routine and repetitive decisions that are made by lower-level managers or employees. These decisions are usually based on established policies, procedures, and guidelines, and they are focused on the day-to-day operations of the organization. Operational decisions are typically short-term and have a direct impact on the organization's daily activities and tasks. They are important for the smooth functioning of the organization and for achieving its operational goals.

Verification is the process of checking for mistakes or errors, such as transcription errors. It involves comparing data or information to ensure accuracy and correctness. In this context, the given statement suggests that "check" refers to the process of verification. Therefore, the correct answer is "verification."

POS stands for Point of Sale. It refers to the location or the system where a transaction takes place between a buyer and a seller. It typically involves the use of hardware and software, such as cash registers or electronic payment terminals, to process payments and track sales. The abbreviation POS is commonly used in the retail and hospitality industries to describe the place where customers make purchases.

Information processing refers to the use of a machine or processor to interact with the outside world. This involves the input, processing, storage, and output of data or information. It includes activities such as data collection, data analysis, data storage, and data retrieval. By using a machine or processor, information can be efficiently and accurately processed, leading to improved decision-making and problem-solving.

The highest level of decision making is strategic. Strategic decision making involves long-term planning and setting goals and objectives for an organization. It involves analyzing the external environment, identifying opportunities and threats, and developing strategies to achieve competitive advantage. Strategic decisions are made by top-level executives and have a significant impact on the overall direction and success of the organization. These decisions are often complex and require careful consideration of various factors such as market trends, industry dynamics, and organizational capabilities.

Visual Checks is a type of verification. Verification refers to the process of confirming or proving the accuracy, correctness, or validity of something. In the context of visual checks, it involves visually inspecting or examining something to ensure that it meets certain standards or requirements. Therefore, the correct answer to the question is verification.

In order to access computers in an organization, users must be provided with passwords and user names. The user name is the unique identifier for each individual user, while the passwords are used to authenticate and verify their identity. Both the user name and password are necessary to ensure secure access to the computer system and protect sensitive information.

OMR, which stands for Optical Mark Reader, and Optical Mark Recognition are all used to read marks on paper. These technologies involve the use of optical sensors to detect and interpret marks made on specially designed forms or sheets. OMR is a technology that detects the presence or absence of marks in specific areas, while Optical Mark Reader and Optical Mark Recognition refer to the devices or systems that utilize OMR technology to read and interpret these marks. Therefore, all three options are correct and can be used interchangeably to describe the process of reading marks on paper.

Information as a commodity means that it can be bought and sold. This implies that information has value and can be treated as a product in the market. Just like any other commodity, information can be exchanged for money or other goods and services. This concept highlights the importance of information in today's digital age, where data is often monetized and traded between individuals, businesses, and organizations.

Data logging is the process of automatically measuring and recording changes in conditions such as temperature. It involves the use of specialized devices or software to collect and store data over a period of time. This data can then be analyzed and used for various purposes such as monitoring environmental conditions, conducting experiments, or troubleshooting equipment. Data logging is commonly used in scientific research, industrial processes, and environmental monitoring to gather accurate and reliable data for analysis and decision-making.