The Question of What the Project Should and Should Not

question 68

Multiple Choice

The question of what the project should and should not accomplish is determined in what step of systems analysis?

• A) feasibility study
• B) initial investigation
• C) systems analysis report
• D) systems survey

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Definitions:

Nontaxable Distribution

A distribution or payout from an investment or account, such as a return of capital, that is not subject to income tax.

Nondeductible Contributions

Payments to certain accounts like IRAs where the investment is made with after-tax dollars, hence not tax-deductible.

IRA

Individual Retirement Account, a savings account with tax advantages that individuals can use to save and invest long-term.

AGI

Adjusted Gross Income represents a calculation derived from your total earnings, used to ascertain the taxable portion of your income.