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What Is Systems Development? Why Is It Not Exclusively a Technical

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What is systems development? Why is it not exclusively a technical task?


Definitions:

Conversion Costs

The costs incurred in the process of converting raw materials into finished products, typically including direct labor and manufacturing overhead.

Hybrid Costing System

A costing system that combines elements of both job-order and process costing for manufacturing products.

Unique Features

Distinct characteristics or attributes of a product or service that distinguish it from competitors in the market.

Common Features

Shared characteristics or attributes observed in items, concepts, or phenomena within a particular category.

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