Documentation Is One of the Six Major Activities Associated with Systems

question 58

True/False

Documentation is one of the six major activities associated with systems implementation.

---

Definitions:

Actual Costs

The realized expenses incurred in the production of goods or services, as distinguished from estimated costs or budgeted amounts.

Principle of Exceptions

A management principle focusing on the identification and handling of cases that deviate from the norm.

Labor Rates

The amount paid to workers for their services, usually expressed on an hourly basis.

Union Contracts

These are agreements between employers and labor unions that dictate wages, hours, benefits, and working conditions for the workers.