What Phase Is Responsible for Documenting in Detail What the System

question 7

Multiple Choice

What phase is responsible for documenting in detail what the system should do and checks to see if what is intended occurs?

• A) System Design
• B) System Analysis
• C) System Implementation
• D) System Maintenance

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Definitions:

Terms 2/10, N/30

Payment terms indicating a 2% discount if paid within 10 days, otherwise the net amount (total invoice) is due within 30 days.

Debit Memorandum

A document issued by a buyer to a seller indicating a debit made to the seller's account, often due to returned goods or errors in the invoice.

Subsidiary Ledger

A subsidiary ledger is a detailed ledger containing individual accounts with a common characteristic, which is summarized and presented in a single account in the general ledger.