What Is NOT Normally Part of Transitioning to a New

question 115

Multiple Choice

What is NOT normally part of transitioning to a new system?

• A)Deciding on a conversion strategy
• B)Planning on training
• C)Developing the user interface screens
• D)Overseeing data conversion from the old system to the new system
• E)Preparing people for the new system

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Definitions:

Current Ratio

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year with its current assets.

Account Receivable

Money owed to a business by its clients or customers for goods or services delivered or used on credit but not yet paid for.

Long-Term Note Payable

A liability representing borrowed money that is due for repayment beyond the next twelve months from the balance sheet date.

Current Ratio

The current ratio is a liquidity ratio that measures a company's ability to cover its short-term obligations with its short-term assets.