What is rapid application development? Explain
What will be an ideal response?
A common approach used in iterative methods that helps software developers bring an application to life more quickly is called rapid application development. Developers create a software prototype that they can share with users and get their feedback to make corrections and improvements before a lot of effort is spent building a fully functioning version. End users are much more helpful when they can see a prototype even if most of it doesn't actually work. The approach works well with the overlapping phases typical of iterative development, and it is often used in other software development approaches as well.
You might also like to view...
Differentiate between the planning philosophies of satisfying, optimizing, and adaptivizing.
What will be an ideal response?
A false rejection occurs when a person is improperly matched to a template
Indicate whether the statement is true or false.
Clampett, Inc., has been an S corporation since its inception. On July 15, 2020, Clampett, Inc., distributed $50,000 to J.D. His basis in his Clampett, Inc., stock on January 1, 2020, was $45,000. For 2020, J.D. was allocated $10,000 of ordinary income from Clampett, Inc., and no separately stated items. What is J.D.'s basis in his Clampett, Inc., stock after all transactions in 2020?
A. $30,000. B. $5,000. C. $40,000. D. $20,000. E. None of the choices are correct.
Which of the following pertaining to Consolidated Financial Statements is correct?
A) The preparation of Consolidated Financial Statements means that the companies involved cease to operate as separate legal entities. B) When one company has control over another, Consolidated Financial Statements must be prepared for the combined entity. C) The preparation of Consolidated Financial Statements is at the Parent Company's discretion. D) Before preparing Consolidated Financial Statements, a subsidiary's Financial Statements prior to the date of acquisition must be restated.