________ Includes Carefully Monitoring System Performance and User Satisfaction to Determine

question 31

Multiple Choice

________ includes carefully monitoring system performance and user satisfaction to determine the
Need for making system enhancements and modifications.

• A)Operation and maintenance
• B)Conceptual design
• C)Physical design
• D)Implementation and conversion

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Definitions:

Interest Tax Shield

The reduction in income taxes that results from taking the allowable interest expense deductions from taxable income.

Financial Distress Costs

Expenses incurred by a firm facing financial difficulties, including legal, administrative, and potentially bankruptcy-related costs.

Reorganization

Financial restructuring of a failing firm to attempt to continue operations as a going concern.

Going Concern

An assumption that a company will continue to operate in the foreseeable future, without the intention or necessity of liquidation.