The Systems Development Methodology That Views a System as a Collection

question 49

Multiple Choice

The systems development methodology that views a system as a collection of modular objects that encapsulate data and processes is ____________.

• A)Object Oriented Analysis and Design
• B)Agile Development
• C)Waterfall Development
• D)Use Case Model

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Definitions:

Early Adoption

Early adoption refers to the implementation of new accounting standards or regulations before the mandatory effective date prescribed by the regulatory bodies.

Reportable Segments

Operating segments for which an entity reports separate information.

Quantitative Threshold

A predefined numeric limit used to measure the significance or materiality of data, often used to decide when an action is required.

Profit/Loss

Financial metrics indicating the net earnings or deficits incurred by an entity over a particular period, calculated as the difference between revenues and expenses.