When a System Is So Obsolete That It Does Not

question 28

Multiple Choice

When a system is so obsolete that it does not exist in many places then it is best to ________ it.

• A) rejuvenate
• B) replace
• C) reverse engineer
• D) All of the above

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Definitions:

Book Value

The value of an asset as recorded on a company’s balance sheet, representing the cost of the asset minus accumulated depreciation.

Gain

An increase in equity resulting from the sale of an asset for more than its purchase price or carrying value, not related to the company's primary operations.

Accounts Receivable

Represents money owed to a company by its clients or customers for goods or services that have been delivered or used but not yet paid for.

Operating Activities

Business actions directly related to the production, sales, and delivery of a company's goods or services, reflected in its cash flow.