Provide an Example of an Event-Driven Program

question 37

Essay

Provide an example of an event-driven program.

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Definitions:

GAAP

Generally Accepted Accounting Principles (GAAP) are a set of rules, standards, and procedures that companies must follow when compiling their financial statements in the United States.

Unconditional

Unconditional means not subject to any conditions or limitations; absolute.

Non-Cancellable

A contract or agreement that cannot be terminated or cancelled by either party involved.

Future Sacrifice

The expected loss or cost in the future due to present decisions or commitments.