Critical Thinking Questions Case 12-1 You Have Taken a Temporary

question 133

Multiple Choice

Critical Thinking Questions Case 12-1 You have taken a temporary position as an IT consultant for a large firm with a variety of database solutions that you and your team are working to consolidate into one enterprise-wide solution. You are currently in the process of gathering information about where things stand with each of the individual database solutions. The CIO has weighed in on the situation and has decided that the risks associated with conversion are too great if there is a chance that the registration system will not work for registering users for the conference. Instead, she is willing to absorb the cost of running the new system in tandem with the old one. What conversion type is a good match for this approach?

• A) parallel
• B) phased
• C) direct
• D) pilot

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Definitions:

Investing Activities

Financial actions related to acquiring or disposing of long-term assets and other investments.

Long-term Borrowing

Debt obligations or loans that are due to be repaid over a period longer than one year, often used for large capital investments.

Stock Issuances

The process by which a company distributes its shares to investors, either through public offerings or private placements.

Equity

Equity represents the value that would be returned to a company's shareholders if all of the assets were liquidated and all the company's debts were paid off.