The Use of the SDLC for IT System Changes Is

question 65

Multiple Choice

The use of the SDLC for IT system changes is important for several reasons.Which of the following is not part of the purposes of the SDLC processes?

• A)As a part of strategic management of the organization
• B)As part of the internal control structure of the organization
• C)As part of the audit of an IT system
• D)As partial fulfillment of management's ethical obligations

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Definitions:

Price Elasticity of Demand

A measure of how much the quantity demanded of a good responds to a change in its price; it quantifies the sensitivity of demand relative to price changes.

Percent Change

A mathematical calculation that describes the degree of change over time, expressed as a percentage.

Demand Curve

A graphical representation of the relationship between the price of a good and the quantity demanded for a given period.

Price Ceiling

a legally established maximum price for goods or services, aimed at keeping prices from rising to high levels.