Describe the Composition of a Development Team

question 55

Essay

Describe the composition of a development team.

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Definitions:

Revenue

The income earned by a company from its business activities, typically from the sale of goods or services.

Net Income

The ultimate profit of a company calculated by removing all operational costs, taxes, and expenses from its gross income.

Financial Accounting Standards

Rules and guidelines developed by authoritative entities to govern how financial statements should be prepared and presented.

IASB

The International Accounting Standards Board, an independent body that develops and approves International Financial Reporting Standards (IFRS).