The Process of Determining That the Computer Procedure That Performs

question 16

Multiple Choice

The process of determining that the computer procedure that performs the simulation calculations is logically correct is called

• A)implementation.
• B)validation.
• C)verification.
• D)repetition.

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Definitions:

Rate Of Return

The prosperity or setback experienced by an investment over a fixed timeline, posited as a percentage of the investment’s nascent cost.

Savings Account

A deposit account held at a bank or other financial institution that provides a modest interest rate.

Annually

Relating to an event or occurrence that happens once every year.

Compounded Monthly

Interest calculation on a loan or investment where the interest is added to the principal each month, so that each subsequent interest calculation is on a higher amount.