Identify the letter of the choice that best matches the phrase or definition.

A. Use of an outside company to take over portions of a business' workload
B. System startup approach in which the new system is slowly phased in while the old one is slowly phased out
C. Key part of the systems investigation phase that investigates the problem to be solved or opportunity to be met in terms of feasibility
D. Process of planning, monitoring, and controlling necessary systems development activities
E. Systems development tool that displays the various conditions that could exist in a system and the different actions that the computer should take
F. Document generated during systems development when an organization wants a computer systems vendor to submit a bid
G. System startup approach that stops the old system and starts the new system on a given date
H. System design diagram that charts the path from a starting point to the final goal of a system
I. Creating a preliminary model or version of a major subsystem
J. System startup approach that involves running a pilot or small version of the new system along with the old
K. Extension of object-oriented programming that follows a defined system development life cycle, much like the SDLC
L. Software tools that automate many of the tasks required in a systems development effort


A. outsourcing
B. phase-in approach
C. feasibility analysis
D. project management
E. decision table
F. request for proposal
G. direct conversion
H. flowchart
I. prototyping
J. pilot conversion
K. object-oriented systems development
L. computer-aided software engineering tools

Business

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A company's retained earnings on December 31, 2018 was $2,190,000 and its shareholders' equity was $8,760,000. During 2019 the company reported the following: Net income $225,000  A sale of treasury stock costing $75,000 for $79,750  A treasury stock purchase costing $125,700  A cash dividend declaration of $73,200  A 10,000 share "small" common stock ($10 par value) dividend was declared and distributed when the market value was $12.75 per share.   What is the retained earnings balance on December 31, 2019?

A. $2,246,550 B. $2,219,050 C. $2,216,100 D. $1,994,050

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Which of the following questions is most relevant to qualifying a prospect?

A) How long has the prospect been interested in the product? B) Does the prospect know the firm's decision maker? C) Can the prospect make the buying decision? D) Can the prospect pay in cash for the purchase? E) Has the prospect purchased anything similar before?

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What type of agreement must always be in writing in order to be a legally binding contract? 

A. Real estate B. Supplier C. Distributor D. Client

Business

In a short report, use only two levels of headings.

Answer the following statement true (T) or false (F)

Business