Your Company's Development Group Does Not Develop in -House Applications

question 81

Multiple Choice

Your company's development group does not develop in -house applications therefore it should be staffed primarily with

• A)programmers.
• B)technical writers.
• C)business analysts.
• D)developers.
• E)facilitators.

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Definitions:

Inventory Cost Flow

An accounting method that determines the value of sold inventory and ending inventory, can be FIFO, LIFO, or Average Cost.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue. It represents the company's bottom line.

Rising Prices

An economic situation characterized by a general increase in the prices of goods and services.

Dollar-Value LIFO

An inventory valuation method that uses the dollar value of inventory rather than the physical count of goods, adjusting for inflation.