_______ Requirements Are Characteristics of the System Other Than the Business

question 66

Multiple Choice

_______ requirements are characteristics of the system other than the business procedures it must support.​

• A)System
• B)​Physical
• C)​Nonfunctional
• D)​Implementation

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Definitions:

Short-term Capital Gain

A profit realized from the sale of an asset held for less than a year, often taxed at a different rate than long-term capital gains.

Long-term Capital Gain

Profit from the sale of an asset held for more than a year, typically subject to a lower tax rate.

Mutual Fund Prospectus

A legal document provided by mutual funds to potential investors, detailing the fund's objectives, risks, performance, and expenses.

Front-end Loads

Charges paid by investors at the time of purchasing a mutual fund.