Which of These Statements Concerning the Systems Development Life Cycle

question 46

Multiple Choice

Which of these statements concerning the systems development life cycle is true?

• A) Designing the system is the first step in the SDLC.
• B) No phase can occur until the previous phase is completed.
• C) Although each phase is presented discretely, it is never accomplished as a separate step.
• D) There is widespread agreement that the SDLC is composed of seven phases.

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Definitions:

Budget Constraint

The limitations on the purchase of goods and services imposed by a budget, representing the combination of goods and services that a consumer can afford with a fixed income.

Giffen Good

A type of good for which demand increases as its price increases, contradicting the basic laws of demand in economics due to the impact of strong income effects.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good consumers are willing and able to purchase at various prices.

Labor Supply Curve

A graphical representation showing the relationship between the wages offered and the quantity of labor workers are willing to supply.