COGNITIVE ASSESSMENT Which Two Activities Make Up the Design Phase

question 68

Multiple Choice

COGNITIVE ASSESSMENT Which two activities make up the design phase of an SDLC?

• A) use data modeling to determine necessary procedures; acquire hardware and software
• B) get approval of the system proposal; use data modeling to determine necessary procedures
• C) develop the details of the new or modified information system; get approval of the system proposal
• D) acquire hardware and software; develop the details of the new or modified information system

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Definitions:

Budgeted Direct Materials Purchases

The estimated total cost of direct materials a company plans to buy for its production process, based on forecasted production levels.

Ending Inventory

The total value of all inventory a company has in stock at the end of an accounting period.

Financial Budgets

Detailed plans that outline an organization's financial goals, expected revenues, and expenses for a specific period.

Cash Budget

A budget that estimates the expected receipts (inflows) and payments (outflows) of cash for a period of time.