The Following Picture from the Text Illustrates the ____ Approach

question 29

Multiple Choice

The following picture from the text illustrates the ____ approach to systems implementation:

• A) parallel
• B) direct
• C) modular
• D) indirect

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Definitions:

GAAP

Generally Accepted Accounting Principles, a set of accounting standards and procedures used in the U.S. to govern financial reporting and ensure consistency.

Accounting Standards

Rules and guidelines used in the preparation and presentation of financial statements to ensure accuracy, completeness, and consistency.