The Final Phase of IT Planning Is

question 1

Multiple Choice

The final phase of IT planning is

• A)IT infrastructure analysis.
• B)resource allocation.
• C)project planning.
• D)strategic planning.

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Definitions:

Substantial Business Purpose

A legitimate business reason for conducting a transaction or establishing a business structure beyond mere tax benefits.

Recognize Revenue

The process of recording revenue in financial statements when it is earned and realizable, according to specific criteria set by accounting standards.

Arrangement

An agreed-upon plan or agreement between two or more parties, often used in a legal, financial, or commercial context.

Agreed-upon Transaction

A financial or trade transaction that has been confirmed and accepted by the involved parties.