Advantages of Rapid Application Development Include Which of the Following

question 1

Multiple Choice

Advantages of Rapid Application Development include which of the following?

• A) active involvement of users in the development process
• B) faster development process
• C) system better meets user needs
• D) reduction in training costs
• E) all of the above

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Definitions:

Authorized Stock

The amount of stock that a corporation is authorized to sell as indicated in its charter.

Corporate Charter

A legal document issued by a governmental authority that establishes a corporation and outlines its rights and obligations.

Initial Capital

The amount of money used to start a business or investment.

Owners' Equity

The residual interest in the assets of an entity after deducting liabilities, representing the ownership interest of shareholders or owners.