Samantha and Josephine Were Preparing to Start Their Own Clothing

question 33

Multiple Choice

Samantha and Josephine were preparing to start their own clothing business; they contacted their friend David, a recent graduate from Big State University's accounting program, to learn about setting up their accounting information system.Which of the following methodologies could David use to assist them?

• A)Systems development life cycle
• B)Steps for Better Thinking
• C)Either systems development life cycle or steps for Better Thinking
• D)Neither systems development life cycle nor steps for Better Thinking

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Definitions:

Percentage Return

The profit or deficit achieved on an investment over a designated duration, measured as a percentage of the investment’s initial value.

Bond

A fixed income investment in which an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period at a variable or fixed interest rate.

Capital Gains Yield

The change in the price of a security or investment over a specified period, excluding dividends, expressed as a percentage of the investment's initial price.

Total Return

The overall return on an investment over a specific time period, including both capital gains and dividends or interest, expressed as a percentage of the investment's initial cost.