In Order to Approve a System Request, the Approval Committee

question 28

Multiple Choice

In order to approve a system request, the approval committee must know

• A) all of the details of the ultimate system to be developed.
• B) the high level functionality of the system.
• C) what the screens and reports will look like in the final system.
• D) who the end users of the system will be and exactly how they will use it in their jobs.
• E) all of the above.

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Definitions:

Sales Volume

Refers to the number of units of product or service sold by a company over a specific time period, indicating business activity level.

Unfavourable Variance

A financial metric indicating that actual costs were higher or revenues were lower than the planned or standard amounts.

Productive Capacity

The maximum output a system, entity, or project can produce under normal conditions over a particular period.

Fixed Overheads

Fixed overheads are recurring business expenses that do not fluctuate with production volume, such as rent, salaries, and utility costs, essential for operational management.