In Sequence, the Program Development Cycle Consists of Six Steps

question 123

Multiple Choice

In sequence, the program development cycle consists of six steps: ____.

• A) validate design, test solution, design solution, implement design, analyze requirements, and document solution
• B) implement design, document solution, test solution, validate design, design solution, and analyze requirements
• C) analyze requirements, design solution, validate design, implement design, test solution, and document solution
• D) test solution, analyze requirements, document solution, implement design, validate design, and design solution

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Definitions:

Contribution Margin

The amount remaining from sales revenue after variable expenses have been deducted; it contributes towards covering fixed costs and generating profit.

Gross Margin Percentage

A financial metric that represents the percentage difference between sales revenue and the cost of goods sold, divided by sales revenue, showcasing the efficiency of a company in managing its production costs.

Times Interest Earned Ratio

A metric used to measure a company's ability to meet its debt obligations, calculated as earnings before interest and taxes divided by interest expense.

Net Income

The total profit of a company after all expenses, including taxes, have been deducted from revenue.