In the Design Phase of the Systems Development Life Cycle

question 17

Multiple Choice

In the design phase of the systems development life cycle (SDLC) , the _____ design is an overview of the system and does not include hardware or software choices.

• A)virtual
• B)physical
• C)conceptual
• D)logical

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Definitions:

Net Realizable Value

The estimated selling price of goods, minus the costs of their completion and the costs necessary to make the sale.

Accounts Receivable

Money owed to a business by its clients or customers for goods or services rendered on credit.

Allowance for Doubtful Accounts

An estimation of the amount of accounts receivable that is not expected to be collected.

Subsidiary Ledger

A ledger that contains accounts of a single type. Example: The accounts receivable subsidiary ledger records all credit customers.