If Significant Changes Take Place in an Existing System or If

question 36

Multiple Choice

If significant changes take place in an existing system or if a new version is released,the IT department might develop a _____.

• A) user training package
• B) user presence software
• C) maintenance module
• D) utility index

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Definitions:

Interest

Interest is the charge for borrowing money, typically expressed as a percentage of the principal amount per year.

Deposits

Funds placed into an account in a bank or other financial institution for safekeeping.

Compounded Quarterly

Interest on an investment or loan calculated four times per year, adding each quarter's interest to the principal for the calculation of the next quarter's interest.

Interest Rate Change

Modification in the percentage that determines the amount of interest to be paid on a loan or received on deposits over time.