The System Development Life Cycle (SDLC)is the Traditional System Development

question 32

Multiple Choice

The system development life cycle (SDLC) is the traditional system development method for ________.

• A)Updating legacy systems
• B)Low risk IT projects,such as sales support
• C)Systems integration projects
• D)Large IT projects,such as IT infrastructure or an enterprise system.

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Definitions:

Percent of Sales

A financial ratio that compares various financial metrics as a percentage of total sales, used to analyze operational efficiency and profitability.

Securitization Entities

Specialized entities created to pool various financial assets and sell them as securities to investors.

Balance Sheet

A financial statement that presents a company's assets, liabilities, and stockholders' equity at a specific point in time.

U.S. GAAP

United States Generally Accepted Accounting Principles; the framework of accounting standards, rules, and procedures defined by the professional accounting industry in the United States.