Examlex

Solved

During a Systems Development Audit, Software Developers Indicated That All

question 20

Multiple Choice

During a systems development audit, software developers indicated that all programs were moved from the development environment to the production environment and then tested in the production environment. What should the auditor recommend?


Definitions:

Book Value

The net value of a company's assets as recorded on its balance sheet, and calculated by subtracting liabilities from the total value of assets.

Production Possibilities Frontier

A curve depicting all maximum output possibilities for two goods, given a set of inputs and technology, illustrating the trade-offs and opportunity costs in production.

Labor Force

Those 16 years of age and older who are either working or looking for work.

Opportunity Costs

The cost of foregone alternatives when a decision is made to pursue a particular course of action over others.

Related Questions