____ Trace the Detailed Logic or Actions That Occur in the System

question 4

Multiple Choice

____ trace the detailed logic or actions that occur in the system in a step-by-step fashion over time.

• A)Validations
• B)Verifications
• C)System simulation models
• D)Entities

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Definitions:

Necessities

Essential items required for living, such as food, clothing, and shelter.

Taxes

Compulsory financial charges or other levies imposed on an individual or a company by a governmental organization in order to fund various public expenditures.

Discretionary Income

Discretionary income is the amount of an individual's income that is left for spending, investing, or saving after taxes and personal necessities have been paid.

Disposable Income

The amount of money an individual or household has available for spending and saving after taxes have been deducted.