A Method of Separating Systems Development and Operations Is to Prevent

question 83

Multiple Choice

A method of separating systems development and operations is to prevent programmers from

• A)performing technical services
• B)performing database administration
• C)handling accounting operations
• D)operating the computer

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Definitions:

Income Statement

A financial report that shows a company’s revenues, expenses, and net income over a specific period, illustrating the company’s financial performance.

Reconcile

A process of ensuring two sets of records (usually the balances of two accounts) are in agreement.

Variable Costing

A cost accounting method that encompasses solely variable costs involved in production (direct materials, direct labor, and variable manufacturing overhead) for product cost calculation.

Contribution Format

A type of income statement layout that separates fixed costs from variable costs to highlight the contribution margin.