A Typical System Design Specification Typically Includes a ____ Section

question 19

Multiple Choice

A typical system design specification typically includes a ____ section.

• A)Management Summary
• B)Time and Cost Estimates
• C)System Components
• D)System Environment

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Definitions:

Cash Account

An account that records all transactions involving cash inflows and outflows.

Bank Statement

A document provided by a bank, summarizing the transactions that occurred in an account over a period.

Accrual Accounting

An accounting method that records revenues and expenses when they are earned or incurred, regardless of when the cash transaction occurs.

Interest Expense

This is the cost incurred by an entity for borrowed funds, reflected as a line-item expense in the income statement.