The First Phase in the Systems Development Life Cycle (SDLC)is

question 3

True/False

The first phase in the systems development life cycle (SDLC)is planning.

---

Definitions:

Interim Financial Report

A financial statement reporting a corporation's performance over a period shorter than a fiscal year, usually quarterly.

Net Income

The financial metric representing the company's profit calculated by removing all relevant expenses from its total revenue.

Earnings Per Share

A financial metric calculated by dividing a company's net income by the number of its outstanding shares of common stock, indicating the amount of profit attributed to each share.

Operating Segment

An operating segment is a component of a company that engages in business activities from which it can earn revenues and incur expenses, and whose operating results are regularly reviewed by the company's management.