Which Is a Functional Requirement

question 1

Multiple Choice

Which is a functional requirement?

• A) Response time must not exceed four seconds.
• B) The contact management system shall generate a daily reminder list for all sales representatives.
• C) The system must be operational 7 days a week,365 days a year.
• D) The system should work on Windows and Mac platforms.

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Definitions:

Amortizable Capital Assets

Long-term assets whose cost is gradually expensed over their useful life, such as buildings and equipment.

Temporary Differences

Differences between the accounting value and tax value of assets and liabilities, resulting in deferred tax assets or liabilities.

Deferred Income Taxes

Taxes that are assessed or paid on income that is recognized in one period for financial reporting purposes but in a different period for tax purposes.

Fair Value Increments

Increases in the value of an asset or security that result from a reassessment of its fair value, often reflected in financial statements to show current market conditions.