The Oldest Method for Building Information Systems Is Prototyping

question 52

True/False

The oldest method for building information systems is prototyping.

---

Definitions:

Correcting Entries

Modifications applied to bookkeeping entries to correct mistakes or oversights.

Sales Revenue

Earnings accrued from the transactions of goods or services within a set period.

Inventory

A company's assets that are ready for sale or will be ready after processing.

Perpetual Inventory System

An inventory management system where records are updated on a continuous basis as inventory items are purchased and sold.