Which Implementation Uses Both the Legacy System and New System

question 124

Multiple Choice

Which implementation uses both the legacy system and new system until all users verifies that the new system functions correctly?

• A) Parallel implementation
• B) Plunge implementation
• C) Pilot implementation
• D) Phased implementation

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Definitions:

Cost Of Goods Sold

Costs directly related to the goods a company sells, covering both the materials' cost and the labor cost involved in making the product.

Balance Sheet Accounts

These are the accounts that reflect the financial position of a business at a specific point in time, including assets, liabilities, and equity.

Investing Activities

Transactions involving the purchase and sale of long-term assets and other investments, not including those classified as cash equivalents.

Cash Dividend

A distribution of earnings given by a company to its stockholders, often as a share of profits.