Discuss the three groups that participate in systems development
System professionals are systems analysts, systems engineers, database designers, and programmers. These individuals actually build the system.
End users are those for whom the system is built. There are many users at all levels in an organization. These include managers and operations personnel, including accountants. During systems development, systems professionals work with primary users to obtain an understanding of users' problems and a clear statement of their needs.
Stakeholders are individuals who have an interest in the system but are not formal end users. These include the internal steering committee and internal and external auditors. Stakeholders work with the development team to ensure user's needs are met, adequate internal controls are designed into the systems and that the systems development process itself is properly implemented and controlled.
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If bonds were initially issued at a premium, the carrying value of the bonds on the issuer's books will
a. decrease as the bonds approach their maturity date. b. increase as the bonds approach their maturity date. c. remain constant throughout the bonds' life. d. fluctuate throughout the bonds' life.
Define and explain how electronic billing presentment and payment systems (EBPP) systems work. Describe each of the main EBPP business models.
What will be an ideal response?
When the holder of an instrument has presented it for payment or acceptance and it has then been refused, the negotiable instrument:
A. has been held to be irregular. B. has been dishonored. C. is considered overdue. D. is considered unauthorized.
Alberto was attending a concert at Parker Hall. During the concert Alberto had leave his seat to go to the washroom. There was some construction going on in the hallway outside the washroom, and Alberto tripped on a loose tile, injuring himself. Because it was fairly dark, he didn't see the sign warning patrons to watch their step. Alberto sues Parker Hall for negligence. Which of the following is TRUE?
A) The defendants complied with the standard of care by warning patrons of the danger. B) Alberto voluntarily assumed the risk of an accident by going to the bathroom in the dark. C) The premises were not reasonably in safe in the circumstances. D) The defendants did not take reasonable care to make the premises safe E) Both C and D.