When Would a Company Go Through a Systems Development Life

question 4

Multiple Choice

When would a company go through a systems development life cycle?

• A)When major changes are needed.
• B)When minor changes are needed.
• C)Anytime changes are needed.
• D)Usually a company only goes through one complete systems development life cycle,after which the only phase that is repeated is the operations and maintenance phase.

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Definitions:

Initial Contribution

The initial investment or capital put into a business venture or project by its founders or investors.

Equipment

Tangible assets used in the operation of a business, such as machinery, computers, and vehicles, which are used over a period of time and subject to depreciation.

Cash

Money in the form of currency that can be used immediately for transactions, including coins, currency notes, and money in bank accounts.

Gain On Equipment

Profit realized from the sale of equipment that is more than its book value.