The First Activity in the Preliminary Investigation Is to ____

question 62

Multiple Choice

The first activity in the preliminary investigation is to ____.

• A) specify the hardware and software needed
• B) show users exactly how they will use a new system
• C) interview the user who submitted the project request
• D) recommend the most feasible solution for a project

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Definitions:

Withdrawal

The act of removing funds from an account, or the act of taking out resources or assets from a business by an owner for personal use.

Capital

The wealth, either financial or physical, that is used by a business to produce goods or services.

Income Summary

An account in which the revenues and expenses are temporarily recorded to calculate the net income or loss for a period, before transferring to the capital account.

Capital

Refers to the financial assets or resources that individuals or businesses have available to invest or spend on building and growing their operations.