________ Is the Part of the Design Phase of the SDLC

question 153

Short Answer

________ is the part of the design phase of the SDLC in which the logical specifications of the system from logical design are transformed into technology-specific details from which all programming and system construction can be accomplished.

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Definitions:

Prior Period Adjustment

Corrections of errors or omissions in the financial statements of previous periods to accurately reflect past financial performance.

Retained Earnings

Retained earnings are the portion of a business's profits not distributed as dividends to shareholders but retained by the business for reinvestment.

Par Stock

The nominal or face value assigned to a share of stock, as stated in the corporate charter.

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to increase the number of shares outstanding while maintaining the same total market value.