One Advantage of the Systems Development Life Cycle Is Its

question 22

Multiple Choice

One advantage of the systems development life cycle is its opportunity for user input.It therefore shares some commonalities with which elements of the COSO enterprise risk management framework?

• A)Internal environment and risk response
• B)Event identification and information and communication
• C)Event identification and risk response
• D)Internal environment and information and communication

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Definitions:

Incremental Changes

Small or minimal adjustments or changes that are made to improve a process, product, or system over time.

Replacement Projects

Projects undertaken by a company to replace old or obsolete assets in order to maintain or improve current operations.

Working Capital

The difference between a company's current assets and current liabilities, indicating its short-term financial health and efficiency.

Corporate Tax Rate

A percentage of a corporation's profits taken as tax by the government.