A System Development Life Cycle

question 40

Multiple Choice

A system development life cycle:

• A) Assures us that as some systems die others are born in a sort of "circle of life."
• B) Is a chain of events that count down to the demise of a system.
• C) Illustrates the steps needed to go from one stage to another: for example, analysis to design to construction to implementation to operation to maintenance.
• D) Specifies how to build a prototype quickly then improve on it.
• E) Is a self-propelled ride at the "Technology Amusement Park" in San Francisco.

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Definitions:

Accumulate

To gather or collect items over a period of time, often for a specific purpose or to achieve a particular goal.

Vest

To bestow a right, immediate or future, for the ownership of (an asset, typically a stock or option) to a worker under a plan, which may be subject to conditions.

Current Liability

Financial obligations or debts that are due to be paid within a year or within the normal operating cycle of a business.

GAAP

Stands for Generally Accepted Accounting Principles; the standard framework of guidelines for financial accounting used in any given jurisdiction, including the standards, conventions, and rules accountants follow in recording and summarizing transactions, and in the preparation of financial statements.