What Does a Formal System Analysis Report Include

question 27

Multiple Choice

What does a formal system analysis report include?

• A)the cost and benefit analysis of the existing system
• B)the functional requirements for the new system
• C)the features available for the new system
• D)a description of the users of the existing system

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Definitions:

Balanced Budget

When federal tax receipts equal federal government spending.

Constitutional Amendment

A formal change or addition proposed and ratified according to the procedures specified in a constitution, altering the document's framework or principles.

Recessionary Gap

The difference between the actual output of an economy and its potential output if all resources were employed at their maximum efficiency during a recession.

Equilibrium GDP

The level of gross domestic product at which aggregate supply equals aggregate demand, indicating a balance in the economy without any external pressures to change.