Whenever You Make a Change to an Application's Code, You

question 2

True/False

Whenever you make a change to an application's code, you should retest the application using the test data listed in the testing chart.

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Definitions:

Cash Dividend

Cash or stock disbursement from a firm to its owners, typically stemming from the company's profits.

Bonds Payable

Long-term debt instruments issued by corporations or governments, promising to pay the bondholder a specified sum of money at future dates.

Direct Method

A way of preparing the cash flow statement where actual cash flows from operating activities are reported instead of adjustments to net income.

Sales Revenue

The total amount of money received by a company from selling goods or services before any expenses are deducted.