Business Requirements Are the Specific Business Requests the System Must

question 97

True/False

Business requirements are the specific business requests the system must meet to be successful, so the analysis phase is critical because business requirements drive the entire systems development effort.

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Definitions:

Ultra Vires

Acts or decisions made by an entity that are beyond the powers conferred by its constitution, charter, or laws.

Lend Money

The act of giving money to another party with the expectation that it will be paid back, usually with interest, over time.

Good Faith

Acting with honesty and sincerity without any intention to defraud or seek unfair advantage.

Model Business Corporation Act

A set of model statutes prepared by the American Bar Association to provide a standard framework for the incorporation and governance of corporations in the United States.