A(n) ____ Is a Working Model of a Proposed System

question 131

Multiple Choice

A(n) ____ is a working model of a proposed system.

• A) adaptation
• B) feasibility scheme
• C) mockup
• D) prototype

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Definitions:

Prepaid Expenses

Expenses paid for in advance of the period in which they will be used or consumed, recorded as assets on a balance sheet until the benefit is received.

Accrued Expenses Payable

Liabilities for expenses that have been incurred but not yet paid, recorded on a company's balance sheet.

Part-Time Workers

Employees who work less than the full-time hours defined by their employer, often with a varying schedule.

Accounts

Records relating to all financial transactions of an entity, which are used to prepare financial statements.