When Developing a New Software Package, Logically, the Software Must

question 13

Multiple Choice

When developing a new software package, logically, the software must be designed before the code is written, and the code must be written before it is tested. These activities are dependent on each other by _________ constraints.

• A) physical
• B) technical
• C) resource
• D) schedule
• E) time

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Definitions:

Going Concern

An accounting principle presuming that a company will continue operating and not go bankrupt or be liquidated in the foreseeable future.

Statement Of Cash Flows

A financial report detailing how modifications in balance sheet accounts and income influence cash and cash equivalents.

Quick Ratio

A liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets excluding inventories.

Operating Cash Flows

The amount of cash generated by a company's normal business operations.