The Systems Development Life Cycle (SDLC) Process Follows a Linear

question 56

Multiple Choice

The systems development life cycle (SDLC) process follows a linear sequence from requirements to design to implementation. Therefore, the systems development life cycle (SDLC) process is also known as the ________.

• A) waterfall method
• B) swim-lane method
• C) scrum process
• D) agile development method
• E) rainbow method

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Definitions:

Share Premium

The amount received by a company over and above the face value of its shares when issuing them.

Prior Period Adjustments

Adjustments made to the financial statements to correct errors or account for omitted transactions from a previous period, not part of current period earnings.

Retained Earnings

The part of net profits not distributed as dividends, instead kept by the company for reinvestment in its main operations or for debt repayment.

Earnings Per Share

A financial metric that measures the amount of profit allocated to each outstanding share of a company's common stock.