Which of the Following Is True of a Systems Test

question 170

Multiple Choice

Which of the following is true of a systems test?

• A) verifies that each individual program works by itself
• B) verifies that all programs in an application work together properly
• C) verifies that an application works with other applications
• D) is performed by end-users and verifies that the new system works with actual data

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Definitions:

Carrying Cost

The total cost of holding inventory, including storage, maintenance, and insurance.

Managing Credit

The process of monitoring and controlling a person's or business's credit usage and payments to ensure financial stability and minimize risk of default.

Required Return

The minimum return an investor expects to achieve by investing in a particular asset, considering its risk level.

Cost of Equity

This refers to the return a company is expected to offer investors to compensate for the risk they take by holding its stock.