Which of the Following Is the First Phase of the Systems

question 65

Multiple Choice

Which of the following is the first phase of the systems development life cycle?

• A) requirements analysis
• B) business planning process
• C) implementation
• D) system definition

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Definitions:

Credit Postings

Entries that increase liabilities, revenue, or equity accounts, or decrease asset or expense accounts.

T Account

A skeleton version of a standard account, used for demonstration purposes.

Debit Side

The left side of an account in double-entry bookkeeping, used to record increases in assets and expenses or decreases in liabilities and equity.

Credit Side

The right side of an accounting ledger where credits are recorded, typically increasing liabilities and equity or decreasing assets.