System Documentation Is Intended to Help Programmers and Systems Analysts

question 4

True/False

System documentation is intended to help programmers and systems analysts understand the application software and enable them to build it or maintain it after the system is installed.

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Definitions:

Total Profit

The difference between total revenue and total costs, representing the overall earning performance of a business.

Perfectly Competitive

A market structure characterized by a large number of small firms, a homogenous product, free entry and exit, and perfect information, leading to firms being price takers.

Market Price

The current price at which an asset or service can be bought or sold in a competitive market.

Profit

The profit earned when the total income surpasses all the expenditures, costs, and taxes necessary for maintaining the business.