When Completing the Design of the System We Need to Complete

question 158

Multiple Choice

When completing the design of the system we need to complete all of the following except:

• A)the design of the input and output reports, documents, computer screens
• B)laying out the database
• C)the specifications for the manual and automated processes
• D)the contract negotiation

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Definitions:

Operating Expenses

Recurring expenses incurred through normal business operations, such as rent, utilities, and payroll, excluding COGS.

Cash Payments

Transactions that involve the direct transfer of money to settle obligations, including expenses, debts, or purchases, without the use of credit.

Accounts Receivable

Money owed to a company by customers for products or services that have been delivered or used but not yet paid for.

Income Tax Payable

This represents the amount of income tax that a company owes to the government but has not yet paid.