Suppose an Organization Is Interested in Knowing Whether It Has

question 88

Multiple Choice

Suppose an organization is interested in knowing whether it has access to people who can design,implement,and operate the proposed system.Where should this requirement be considered in a feasibility study?

• A)Economic feasibility.
• B)Scheduling feasibility.
• C)Operational feasibility.
• D)Technical feasibility.

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Definitions:

Allowance Method

An accounting technique used to estimate the amount of uncollectible accounts receivable and adjust for bad debts.

Uncollectible Accounts

Accounts receivable that a business is unable to collect, often written off as a bad debt expense.

Accounting Equation

A fundamental financial equation representing the relationship between assets, liabilities, and equity (Assets = Liabilities + Equity).

Allowance Method

A method of accounting for bad debts that involves estimating uncollectible accounts at the end of each period.