Persons Making Requirement Analysis of a New System Should

question 13

Multiple Choice

Persons making requirement analysis of a new system should:

• A)try to accommodate the needs of all users
• B)adhere to the systems development scope
• C)concentrate on what the system needs to do rather than the impact of organisational structure and individual roles brought about the new system
• D)All of the options are correct.

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Definitions:

Financing Activities

Activities that result in changes in the size and composition of the equity capital or borrowings of a company, as reported in the cash flow statement.

Treasury Stock

Treasury stock consists of shares that were issued and later reacquired by the issuing company, reducing the amount of outstanding stock on the open market.

Bonds Payable

Long-term debt instruments issued by a company to raise capital, with the promise to pay back with interest at a future date.

Direct Method

A cash flow statement formulation approach that lists major classes of gross cash receipts and payments.