In the System Definition Phase of the Systems Development Life

question 98

True/False

In the system definition phase of the systems development life cycle (SDLC), cost feasibility is an assessment of whether the anticipated benefits of the system are likely to justify the estimated development and operational costs.

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Definitions:

Market Price

The present trading price for an asset or service in the marketplace.

Par Value

Par value is the face value of a bond or the stock value stated in the corporate charter, sometimes used in reference to the nominal value of securities.

Stock Split

A process initiated by a corporation to split its current stock into several shares in order to increase the shares' liquidity.

Market Price

The current price at which an asset or service can be bought or sold in the financial markets.