What Is the Systems Development Life Cycle

question 25

Multiple Choice

What is the systems development life cycle?

• A) Involves establishing a high-level plan of the intended project and determining project goals
• B) Involves analyzing end-user business requirements and refining project goals into defined functions and operations of the intended system
• C) Involves describing the desired features and operations of the system
• D) The overall process for developing information systems from planning and analysis through implementation and maintenance

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Definitions:

Book Values

The net value of an asset according to its balance sheet account balance, calculated as the original cost minus accumulated depreciation, depletion, or amortization.

GAAP

The set of rules and standards designed to ensure consistency, transparency, and integrity in financial reporting and accounting practices.

Sale of a Component

The disposal of a segment, subsidiary, or unit of a business, often recorded separately in the financial statements.

Communications Company

A business that provides services related to the transmission of information through various media, including telephone, internet, and broadcasting.