Referencing Use-Case Modeling, an External Entity That Interacts with the System

question 231

Multiple Choice

Referencing use-case modeling, an external entity that interacts with the system best defines:

• A) player.
• B) actor.
• C) source.
• D) target.
• E) event.

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Definitions:

Income Recognition

The accounting principle stating that income should be recognized in the accounting period in which it is earned, regardless of when the cash is received.

Partnership %

A percentage representation of an individual partner's stake in a partnership, correlating to their share of profits, losses, and liabilities.

Partnership Basis

The amount of a partner's investment in a partnership, used to determine the tax treatment of distributions, additional contributions, and share of partnership income or loss.

Liquidating Distribution

Payments made to a company's shareholders when the company is partially or completely liquidated, representing the return of the investor's capital.