Which of the Following About Planning for Systems Development Is

question 59

Multiple Choice

Which of the following about planning for systems development is false?

• A)Project plans are developed for each new system and each system modification.Then,these project plans are combined together to form the master plan.
• B)A project development plan includes an economic feasibility analysis and a schedule of activities.
• C)The master plan identifies system goals,who will develop the system,and the resources that will be needed.
• D)The master plan includes details about organizational goals,existing systems and resources,projects being conducted,and predictions of future needs and requirements.

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Definitions:

Private Property

A legal designation for the ownership of property by individuals or corporations, allowing for the exclusive use and distribution of that property.

Well-Functioning Markets

Markets where resources are allocated efficiently, with prices reflecting the true supply and demand dynamics, and where participants have full information.

Government Intervention

Actions taken by a government to affect the economy, markets, or society, including regulations, policies, or subsidies.

Producer Surplus

The discrepancy between what sellers are prepared to accept for a product or service and the real price they get.