The Purpose of Acceptance Testing Is To

question 31

Multiple Choice

The purpose of acceptance testing is to:

• A)determine if new requirements must be added to the newly completed system
• B)determine if the system meets user requirements
• C)determine if the system meets its objectives
• D)do none of the above

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Definitions:

Perpetual Inventory System

An inventory management system that tracks inventory levels in real-time, updating with every sale or purchase transaction.

Gross Method

An accounting method used in invoicing that records the full price of goods or services without deducting any sales discounts upfront.

Credit Terms

Conditions under which credit is granted, including repayment period, discount for early payment, and interest rate.

Periodic Inventory System

An accounting method in which inventory levels and cost of goods sold are determined at the end of an accounting period based on a physical count.