Which of the Following Statements Related to Implementation Approaches Is

question 78

Multiple Choice

Which of the following statements related to implementation approaches is true?

• A) The parallel system significantly decreases employee's work load during the conversion period.
• B) The parallel system terminates the operation of the old system and then compares the outputs of the two systems
• C) The modular approach can only be combined with the direct approach.
• D) The direct approach is the riskiest of the three approaches

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Definitions:

Equity

The amount of ownership interest in a company or property, represented by the value of shares held.

Credit Purchases

Transactions where goods or services are bought using credit rather than paying with cash or immediate payment, with repayment usually occurring at a future date.

Accounts Payable

Liabilities of a company or organization representing money owed to suppliers or creditors for goods and services received.

Dividends Paid

The portion of a company's earnings that is distributed to shareholders, typically in the form of cash payments or additional stock.