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

question 24

Multiple Choice

The analysts at Techno InfoSystems are considering the four-model approach to system development for a new client.
-If they make use of the four-model approach, which of the following is a likely outcome?

• A) Time taken to develop the model increases.
• B) Costs needed to develop a logical and physical model of the current system will be less.
• C) It will not be possible to get a clear picture of the current system functions before modifications are made.
• D) The requirements of a new information system will always be different from the current information system.

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Definitions:

Manufacturer List Prices

The recommended retail price set by the maker of a product, indicating the price retailers are suggested to sell at to consumers.

Acronym

A word formed from the initial letters of a name or by combining initial letters or parts of a series of words.

FOB

Free On Board; a term in international commercial law specifying at what point the risk of loss shifts from the seller to the buyer.

Trade-In Allowance

The amount credited to the buyer by the seller when the buyer gives a previously owned product as part of the payment for a new product.