____ Is a Broad Term to Describe Creating and Managing

question 57

Multiple Choice

____ is a broad term to describe creating and managing an application throughout its entire lifecycle-from design through coding and testing, to maintenance, and, eventually, to retirement.

• A) Rapid application development (RAD)
• B) Program development life cycle (PDLC)
• C) Application Lifecycle Management (ALM)
• D) Application software development life cycle (ASDLC)

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Definitions:

Note Receivable

A written promise for amounts to be received, typically outlining the terms including payment amounts, interest rate, and due date.

Bank Reconciliation

A process that explains the difference between the bank balance shown in an organization's bank statement, as provided by the bank, and the corresponding amount shown in the organization's own accounting records at a particular point in time.

Bank Reconciliation

The process of comparing and aligning a company’s financial records with those shown in its bank statement to ensure accuracy and completeness.

Bank Service Charges

Fees charged by banks for accounts and various banking services, such as monthly maintenance or transaction fees.