In What Stage of Systems Development Are Design Specifications Created

question 81

Multiple Choice

In what stage of systems development are design specifications created?

• A) systems analysis
• B) systems design
• C) testing
• D) conversion

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Definitions:

Cash Basis

An accounting method where revenues and expenses are recognized when cash is received or paid, as opposed to when they are incurred.

Statement of Cash Flows

A financial statement that provides aggregate data regarding all cash inflows and outflows a company receives from its ongoing operations and external investment sources.

Accrued Expenses

Expenses that have been incurred but not yet paid or recorded by the end of the accounting period.