The Analysts at Techno InfoSystems Are Considering the Four-Model Approach

question 22

Multiple Choice

The analysts at Techno InfoSystems are considering the four-model approach to system development for a new client.
-Which of the following is a benefit if they use the four-model approach?

• A) It will take less time to build a logical and physical model of the current system.
• B) It will not incur additional costs to develop logical and physical model of the current system.
• C) It will provide a clear picture of current system functions before any modifications or improvements are made.
• D) It will provide time to create the current system models even for projects with tight schedules.

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Definitions:

Financial Statement

A formal record of the financial activities of a business, person, or other entity, presenting its financial performance and position at a given point in time.

Specific Date

A particular day singled out from others because of its significance or relevance to an event or action.

Supplies on Credit

The acquisition of business supplies with an agreement to pay the supplier at a later date.

Accounting Equation

The fundamental equation of double-entry bookkeeping, stating that assets equal liabilities plus equity (Assets = Liabilities + Equity).