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In the Rapid Application Development (RAD)model,the _____ Phase Resembles the Final

question 56

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In the rapid application development (RAD) model,the _____ phase resembles the final tasks in the SDLC implementation phase.


Definitions:

Effective-Interest Method

A technique used in accounting to amortize the discount or premium on bonds payable over the life of the bonds more accurately than the straight-line method.

Bonds

Bonds are fixed-income securities that represent a loan made by an investor to a borrower, typically corporate or governmental, which pays periodic interest payments and the return of the principal at maturity.

Amortization

The gradual reduction of a debt or the spreading out of capital expenses for intangible assets over a specific period of time.

Accounting Period

The time frame in which financial transactions are recorded and reported, typically a fiscal year or quarter.

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