What Is the Analysis Phase in the SDLC

question 302

Multiple Choice

What is the analysis phase in the SDLC?

• 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)involves placing the system into production so users can begin to perform actual business operations with the system

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Definitions:

Purchase Discounts

Reductions in the price of goods purchased, usually as a reward for early payment to the supplier.

Freight-In

The cost associated with getting inventory to a business, usually included in the cost of goods sold.

GAAP

The collection of standard accounting practices widely recognized for financial reporting is called Generally Accepted Accounting Principles.

Perpetual System

A system for managing inventory accounts that instantly logs inventory sales or acquisitions using computerized point-of-sale systems and software for enterprise asset management.