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In Which Phase of the SDLC Is the System Specification

question 49

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In which phase of the SDLC is the system specification developed?


Definitions:

Net Income

The amount of money a company earns after deducting all its expenses, taxes, and costs from its total revenue.

Net Cash

The net cash position resulting from deducting cash outflows from cash inflows.

Investing Activities

Financial transactions related to the purchase and sale of long-term assets and other investments, reflecting how a company allocates its resources to generate future growth and income.

Cash Dividend

A payment made by a company out of its earnings to shareholders, usually in the form of cash.

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