Legacy Systems Are

question 22

Multiple Choice

Legacy systems are

• A)old manual systems that are still in place
• B)flat file mainframe systems developed before client-server computing became standard
• C)stable database systems after debugging
• D)advanced systems without a data warehouse

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Definitions:

Market Price

The current price at which an asset or service can be bought or sold in the marketplace.

Stock Split

An action by a company to divide its existing shares into multiple shares to boost the liquidity of the shares.

Par Value

The nominal value per share of stock as specified in the corporate charter; also, another name for bond principal, or the maturity amount of a bond (in Chapter 10).

Shares Outstanding

The total number of shares of a company held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.