Program Maintenance, the Process of Adapting an Existing Software Product

question 39

True/False

Program maintenance, the process of adapting an existing software product, may consume as much as 85% of the total software development life cycle budget.

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Definitions:

Depreciation

The systematic allocation of the cost of a physical asset over its expected useful life.

Merchandise Inventory

Merchandise inventory consists of products that a company intends to sell in the regular course of business.

Building Contractors

Professionals or companies responsible for the construction, repair, or renovation of buildings, overseeing project completion from start to finish.

Monthly Depreciation

The portion of a fixed asset's cost allocated as an expense over a single month, reflecting the asset's usage and loss of value.