A Characteristic of the OOSAD Approach Is

question 152

Multiple Choice

A characteristic of the OOSAD approach is:

• A)that it is very difficult
• B)that it is very easy
• C)that it never works
• D)that it tackles hard problems first.

---

Definitions:

Statement of Cash Flows

A financial statement that shows the cash inflows and outflows for a business over a specified period.

Retained Earnings

The amount of net earnings left over for the company after it has paid out dividends to its shareholders.

Dividend Declarations

The announcement by a company's board of directors to pay a dividend to its shareholders, specifying the amount and date.