During the _____ Phase of the Systems Development Life Cycle

question 43

Multiple Choice

During the _____ phase of the systems development life cycle (SDLC) ,an information system is operating,enhancements and modifications to the system have been developed and tested,and hardware and software components have been added or replaced.

• A) planning
• B) design
• C) implementation
• D) maintenance

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Definitions:

Expense Recognition Principle

An accounting principle that states expenses should be recognized and recorded when they are incurred, regardless of the timing of cash payments.

Financial Statements

Papers that give a summary of a corporation's financial status, featuring the balance sheet, income statement, and statement of cash flows.

Fiscal Year

A 12-month period used for accounting purposes that may not coincide with the calendar year.

Lifetime Operations

The entire period during which an entity or project is expected to operate or function, from inception to completion or cessation.