Examlex
As the design phase of a SDLC begins, programming languages, development tools, and application software needed for the new information system are purchased, installed, and tested to ensure that they work correctly.
Operating Activities
Day-to-day actions that are involved in running a business and generating income, including producing and selling goods or providing services.
Investing Activities
Financial transactions related to the acquisition or disposal of long-term assets and other investments not included in cash equivalents.
Effective Interest Method
A technique of calculating the amortized cost of a bond and the interest expense over the bond's life, taking into account any premiums or discounts.
Journal Entry
A record in accounting that notes every transaction, capturing both the debit and credit side, in financial statements.
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