If the Cost-Accounting Procedures of a Particular Company Are So

question 10

Multiple Choice

If the cost-accounting procedures of a particular company are so specific that no commercially available software can perform them,the company must develop software.

• A)own-interface
• B)dynamic code
• C)custom-designed
• D)adapted

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Definitions:

Ratifies

The act of officially confirming or endorsing a decision, making it formally valid.

Adoption

In corporation law, a corporation’s acceptance of a preincorporation contract by action of its board of directors, by which the corporation becomes liable on the contract.

Novation

The act of replacing one obligation with a new one, extinguishing the original obligation.

Ratification

Ratification is the formal approval or confirmation of an action or agreement, often used in the context of treaties, contracts, or laws.