The Phase of the Systems Development Life Cycle (SDLC)where the Existing

question 30

Multiple Choice

The phase of the systems development life cycle (SDLC) where the existing business problem or opportunity is studied is

• A)analysis.
• B)investigation.
• C)development.
• D)design.

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Definitions:

Adjusting Entry

A journal entry made at the end of an accounting period to allocate revenue and expenses to the correct periods.

Earnings Per Share

A financial metric calculated by dividing the net earnings available to common shareholders by the average outstanding shares.

Fiscal Year

A fiscal year is the 12-month period used by governments and businesses for accounting and financial reporting purposes, which may not coincide with the calendar year.

Common Stock Dividends

Payments made to shareholders of common stock, usually in the form of cash or additional shares, from the company's earnings.