The Creation of a System Specifications Document Indicates the Beginning

question 99

True/False

The creation of a system specifications document indicates the beginning of the analysis phase of the systems development life cycle (SDLC).

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Definitions:

Contributed Shares

Shares issued to investors or others as part of the equity financing of a company, represents part of the capital contributed by the shareholders.

Authorized Shares

The maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation.

Balance Sheet

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

Stock Split

An action by a company to divide its existing shares into multiple shares to boost the liquidity of the shares, though the overall value of the shares remains the same.