Technological Feasibility of Software Products Is Established When

question 135

Multiple Choice

Technological feasibility of software products is established when

• A) the application to patent the technology is filed with the federal government.
• B) the designing, coding, and testing is to be sold or licensed to third parties.
• C) the product is ready for general release.
• D) a detailed program design is completed.

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Definitions:

Convertible Securities

Convertible securities are financial instruments, like bonds or preferred shares, that can be converted into a predetermined number of another type of security, typically shares of common stock, at the option of the holder or the issuer.

Convertible Bonds

Bonds that can be converted into a predetermined number of the issuer's equity shares at certain times during the bond's life, usually at the discretion of the bondholder.

Stockholders' Equity

The residual interest in the assets of a company after deducting liabilities, representing the owners' claim on the business.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) for financial reporting globally.