Which of the Following Statements About Systems Development Is True

question 99

Multiple Choice

Which of the following statements about systems development is true?

• A)Planning throughout the systems development life cycle promotes coordination between systems and strategic plans.
• B)Organizations should conduct systems development activities at least once every five years.
• C)The systems development steps are critical for profit-oriented businesses,but are too expensive and time consuming for most not-for-profit organizations.
• D)Diligently following the steps and suggestions in the systems development life cycle ensures the final system will meet user needs and be implemented at or below the budgeted cost.

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Definitions:

Ending Inventory

The overall price of inventory on offer at the termination of an accounting term.

Beginning Inventory

The initial worth of a firm's stock before any transactions, such as buys or sales, happen at the beginning of an accounting cycle.

Cost of Goods Sold

The direct expenses associated with manufacturing the products sold by a business.

Beginning Inventory

The cost of commodities available for trading at the commencement of an accounting interval.