What Is the Systems Development Life Cycle (SDLC)

question 48

Multiple Choice

What is the systems development life cycle (SDLC) ?

• A) Involves establishing a high-level plan of the intended project and determining project goals.
• B) Involves analyzing end-user business requirements and refining project goals into defined functions and operations of the intended system.
• C) Involves describing the desired features and operations of the system.
• D) The overall process for developing information systems from planning and analysis through implementation and maintenance.

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Definitions:

Treasury Bill

Short-term government securities issued at a discount from the face value and mature in a year or less, representing a secure investment.

Simple Interest

Interest calculated only on the principal amount, or the initial sum of money invested or loaned.

Market Rate

The prevailing interest rate available in the marketplace for investments, loans, and deposits.

Simple Interest

Interest calculated only on the principal amount, or the original sum of money lent or invested, without compounding.