Explain the Distinction Between Black Box Testing and White Box

question 63

Essay

Explain the distinction between black box testing and white box testing.

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Definitions:

Stockholders' Equity

The equity capital that is contributed by shareholders plus the retained earnings of the company. It represents the residual value of assets after liabilities have been settled.

Creditors' Risk

The risk that debtors will default on their obligations, resulting in financial loss for creditors.

Verifiable

The characteristic of information that can be checked for accuracy and reliability.

Financial Reports

Formal records of the financial activities and position of a business, individual, or other entity.