In the Context of System Implementation Phase of the SDLC

question 61

Multiple Choice

In the context of system implementation phase of the SDLC, a ________ installation is the riskiest because the old system is shut down and the new system is introduced.

• A) pilot
• B) phased
• C) parallel
• D) plunge

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Definitions:

Compounded Quarterly

The process of calculating interest on both the initial principal and the accumulated interest from previous periods, done four times a year.

Maturity

The date on which the principal amount of a financial instrument is due to be paid back in full.

Non-interest-bearing

Referring to financial instruments or accounts that do not earn interest over time.

Compounded Quarterly

Calculating interest by adding previously earned interest to the principal amount at the end of every quarter, leading to an increase in the interest amount over periods.