When Recording Facts, a Systems Analyst Should Document the Work

question 70

Multiple Choice

When recording facts, a systems analyst should document the work by _____.

• A) recording information as soon as it is obtained
• B) recording findings in such a way that they can be understood by someone else
• C) organizing documentation so related material is located easily
• D) using the most complex recording method possible

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Definitions:

Endorsers Discharged

Refers to the situation where endorsers (persons who sign documents, typically negotiable instruments, to endorse them) are released from their obligations under the instrument.

Promissory Note

A financial instrument that contains a written promise by one party to pay another party a specified sum of money either on demand or at a specified future date.

Discharged Liability

Refers to a debt or obligation that has been fulfilled, canceled, or extinguished, relieving the debtor of any further responsibility.

Accommodation Party

A party who signs an instrument to provide credit for another party who has also signed the instrument.