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:

Securities

Financial instruments that represent ownership positions in publicly-traded corporations (stock), creditor relationships with governmental bodies or corporations (bonds), or rights to ownership as represented by an option.

Returns on Stock Investments

The gain or loss made on stock investments, typically expressed as a percentage of the investment's initial cost.

Inflationary Pressures

Situations or factors that lead to an overall increase in prices, reducing purchasing power in an economy.

Interest Rates

This represents the cost, in percentage terms of the principal, that a borrower incurs from a lender to utilize their assets.