Traditional Methods for Software Development Are Preferred for Each of the Following

question 42

Multiple Choice

Traditional methods for software development are preferred for each of the following EXCEPT:

• A) when the project is operating under a fixed-price or fixed-scope contract.
• B) unpredictable or dynamic requirements.
• C) a large development team, exceeding 100 or more people.
• D) projects dealing with safety-critical systems.
• E) the system being developed will operate in a stable environment.

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Definitions:

Probable Loss

A loss in financial terms that is likely to occur based on current information and judgment.

Reasonably Possible

A term used in accounting to describe a condition that could occur, affecting financial decisions or disclosures, based on current knowledge and events.

Note Disclosure

Additional information provided in a company's financial statements, explaining the numbers presented in the statements for clarity and completeness.

Contingent Liability

A potential financial obligation that may arise in the future, depending on the outcome of a certain event.