During the _____ Phase of the Systems Development Life Cycle

question 8

Multiple Choice

During the _____ phase of the systems development life cycle (SDLC) , analysts investigate a proposed solution's feasibility and determine how best to present the solution to management to obtain funding.

• A)design
• B)requirements-gathering
• C)planning
• D)implementation

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Definitions:

Accumulated Depreciation

The cumulative depreciation of an asset up to a single point in its life, representing how much of the asset's value has been used up.

Gain Reported

The difference reported in financial statements when the sale price of an asset exceeds its book value.

Carrying Amount

The book value of an asset or liability on a company's balance sheet, calculated as its original cost minus depreciation, amortization, or impairment costs.

Disposal of an Asset

The process of selling, scrapping, or otherwise removing an asset from the company's balance sheet due to its disposal, sale, or obsolescence.