The Term ____ Refers to an Approach That Completes Parts

question 54

Multiple Choice

The term ____ refers to an approach that completes parts of a system in one or more iterations and puts them into operation for users.​

• A)incremental development
• B)​adaptive development
• C)bottom-up development
• D)​predictive development

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Definitions:

Depreciable Asset

An asset that loses value over time due to wear and tear or obsolescence and can have its cost spread out over its useful life for accounting purposes.

Proceeds

The amount of money received from a transaction, sale, or event.

Gain

The increase in the economic value or benefit that an entity receives, usually from the sale of assets or from other transactions exceeding the costs or expenses associated with it.

Straight-Line Method

A method of calculating depreciation of an asset which assumes the asset will lose an equal amount of value each year over its useful life.