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Describe the five basic phases in the systems development life cycle.
Sale of Equipment
A transaction involving the disposal of machinery or other equipment used in business operations, typically recorded as a gain or loss.
Trademark
A symbol, word, or phrase legally registered or established by use as representing a company or product.
Intangible Assets
Assets that lack physical substance and represent economic benefits, such as patents, copyrights, and brand recognition.
Fixed Assets
Long-term assets bought for use in the operation of a business, not intended for resale, such as machinery, buildings, and vehicles.
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