An Example of ____ Analysis Involves Entering a Customer Account

question 6

Multiple Choice

An example of ____ analysis involves entering a customer account number and having the system display the customer's current balance.

• A)cause-and-effect
• B)lookup
• C)what-is
• D)what-if

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Definitions:

Service Potential

Service potential refers to the future benefits or value that assets, especially non-financial ones, will provide to an entity over their useful life.

Accumulated Depreciation

The cumulative depreciation expense recorded for a fixed asset from the time it was initially utilized.

Fair Value

An estimate of the market value of an asset or liability based on current conditions.

Operating Expense

Costs associated with the day-to-day operations of a business, such as rent, utilities, and payroll.