What are the steps of system testing?


System testing consists of 1 . create the test data, 2 . conduct the tests, 3 . Identify and document the errors, 4 . Fix the errors. This process repeats until the number of errors is minimal or acceptable.

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Genuine Parts received a promissory note from a customer on March 1, 2016 . The face amount of the note is $8,000; the terms are 90 days and 9% interest. At the maturity date, the customer pays the amount due for the note and interest. What entry is required on the books of Genuine Parts on the maturity date assuming none of the interest had already been recognized?

a. Increase Cash, $8,000, and decrease Notes Receivable $8,000 b. Increase Cash, $8,180, increase Interest Revenue, $180, and decrease Notes Receivable, $8,000 c. Increase Cash $8,720, decrease Notes Receivable $8,000, and increase Interest Revenue, $720 d. No entry is required; the customer pays the amount due to the bank

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Ravi and Luke went to see the play “Out of Sorts.” Luke loved the show while Ravi did not enjoy it as much. When Luke asked Ravi why he didn’t like it, Ravi explained that while the show was good, he had seen the same show in New York City and thought it was much better there. Ravi has experienced which perceptual distortion?

A. selective attention B. contrast effect C. self-fulfilling prophecy D. primacy effect

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When groups make decisions by letting a dominant minority coalition decide, they are being ruled by

A. an oligarchy. B. a dictatorship. C. a simple majority. D. a quasi-consensus.

Business

For each of the following responsibility centers, state the typical focus of the responsibility report and briefly discuss the focus.

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