Which of the Following Best Describes Legacy Systems

question 10

Multiple Choice

Which of the following best describes legacy systems?

• A)new systems which are unable to replace old systems
• B)new systems which are replicas of old regal systems
• C)old systems which are built on aging or obsolete architectures
• D)old systems that are no longer in use

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Definitions:

Straight-Line Method

A depreciation method that allocates an equal amount of the cost of an asset to each year of its useful life.

Scrap Value

The projected amount an asset is expected to generate when it is sold after reaching the end of its lifespan.

Double-Declining-Balance

A method of accelerated depreciation which doubles the rate of straight line depreciation, expensing more of the asset's value in the early years of its life.

Scrap Value

The anticipated market value of an asset at the end of its operational lifetime.