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The Systems Implementation Phase of the Systems Development Life Cycle

question 66

Multiple Choice

The systems implementation phase of the systems development life cycle (SDLC) includes an assessment,called a _____,to determine whether the system operates properly and if costs and benefits are within expectation.


Definitions:

Proceeds

The total amount of money or assets that result from a particular transaction or event.

Consideration

Something of value that is given by both parties to a contract that induces them to enter into the agreement to exchange mutual performances.

Chattel Paper

A document or electronic record that evidences both a monetary obligation and a security interest in specific goods or a lease of specific goods.

Monetary Obligation

A monetary obligation is a legal requirement to pay a certain amount of money, often arising from contracts, loans, or fines.

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