What Is the Design Phase in the SDLC

question 22

Multiple Choice

What is the design 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:

Expiration Date

The specified date on which the options contract or other financial instrument becomes void and ceases to exist.

Marking-To-Market

The process of updating the value of an asset or liability to reflect its current market value rather than its book value.

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A unit of measure for precious metals that is approximately 31.1035 grams, traditionally used in the pricing and trading of these commodities.

September Silver Contract

An agreement for the future delivery of silver in September, often used as a hedging tool or investment in the commodities market.