Acceptance Testing

question 66

Multiple Choice

Acceptance testing

• A)includes all the preparations for the series of tests to be performed on the system.
• B)tests the functioning of the system as a whole in order to determine if discrete modules will function together as planned.
• C)tests each program separately.
• D)provides the final certification that the system is ready to be used in a production setting.
• E)involves testing the conversion of legacy data to the new system.

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Definitions:

Weighted Average Cost of Capital (WACC)

A calculation of a company's cost of capital in which each category of capital (debt, equity) is proportionally weighted.

Internal Rate of Return (IRR)

IRR is a financial metric used to estimate the profitability of investments, calculated as the rate of return that sets the net present value of all cash flows from a particular project to zero.

Payback Period

The duration required for an investment to recover its initial outlay, calculated by dividing the initial investment by the annual cash inflows.

Time Value of Money

The concept that money available now is worth more than the same amount in the future due to its earning capacity.