The _____ That Changes Are Made in the Systems Development

question 21

Multiple Choice

The _____ that changes are made in the systems development life cycle, the _____ expensive these changes become.

• A) Sooner, less
• B) Later, less
• C) More frequently, more
• D) More extensively, more
• E) Sooner, more

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Definitions:

Debited

A term used in accounting to indicate a transaction that increases an asset or expense account, or decreases a liability or equity account.

Cash Account

An account that records all transactions involving cash receipts and cash payments.

Debit

A record in accounting that causes assets to grow or liabilities to shrink on a firm's balance sheet.

Account Title

The name given to an account in the general ledger that reflects the type of asset, liability, equity, revenue, or expense it represents.