The Purpose of This Phase Is to Provide Ongoing Assistance

question 72

Multiple Choice

The purpose of this phase is to provide ongoing assistance for an information system and its users after the system is implemented. What is this phase?

• A) planning phase
• B) analysis phase
• C) operation, support, and security phase
• D) support phase

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Definitions:

General Journal Entries

Account records in the general journal that detail financial transactions and their impact on accounts.

Perpetual Inventory Method

A continuous system of recording inventory transactions immediately as they occur, providing an up-to-date record of stock levels.

General Journal Entries

General journal entries are records of financial transactions in the general journal, making note of the debit and credit of each transaction according to accounting principles.

Perpetual Inventory Method

An accounting method that continuously tracks inventory levels and costs, updating the inventory account after each purchase or sale.