MCL Corporation Recently Hired a Consultant to Design and Implement

question 42

Multiple Choice

MCL Corporation recently hired a consultant to design and implement a new information system.The consultant was trying to decide whether to discard the old system all at once and put the new system in its place, or to make the transition more gradual.After making that choice, which of the following should the consultant do based on the steps in the systems development life cycle?

• A)Present MCL with an invoice.
• B)Teach MCL employees how the system works.
• C)Arrange for the system to be audited.
• D)Determine which level of the capability maturity model describes the system.

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Definitions:

Extractive Industry

Industries involved in the extraction of natural resources from the earth, such as mining, drilling for oil, or logging.

Allowance Method

A method of accounting for bad debts that involves estimating and recording the amount of uncollectible accounts receivable.

Direct Write-Off Method

An accounting method where uncollectible accounts receivable are directly written off against income at the time they are deemed non-recoverable.

Straight-Line Depreciation

A method of calculating depreciation by evenly spreading the cost of an asset over its useful life.