One of the Most Important Parts of Systems Implementation That

question 100

Multiple Choice

One of the most important parts of systems implementation that is often overlooked or minimized is

• A) testing.
• B) documentation.
• C) data conversion.
• D) evaluation.

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Definitions:

FOB Shipping Point

A term of sale indicating that the buyer is responsible for the goods and the shipping cost as soon as the goods leave the seller's premises.

FOB Destination

A term used in shipping indicating that goods are considered delivered and the seller is responsible for them until they reach the buyer’s location.

Perpetual Inventory System

An inventory management system where updates are made continuously to record sales and purchases in real-time.

Inventory Sold

Inventory sold refers to the goods or merchandise a company sells to its customers during a specific period, which were previously part of the company's inventory.