To Improve Control and Efficiency, New Systems Development and Program

question 87

True/False

To improve control and efficiency, new systems development and program maintenance should be performed by the same individual or group.

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Definitions:

Total Value

The combined market value or monetary worth of all assets, goods, services, or obligations.

Compounded Annually

The method of computing interest that includes both the original amount of money invested and the interest that has been added over previous years, done annually.

Return

The income generated from an investment, often expressed as a percentage of the invested capital.

Invest

The activity of managing financial assets with the aim of yielding income or financial gains.