At the End of the Conceptual Design Phase the Development

question 5

Multiple Choice

At the end of the conceptual design phase the development team prepares a conceptual systems design report.What item below is not considered a rationale for issuing the report?

• A)it can be used to guide physical systems design activities
• B)it communicates how management and user information needs will be met
• C)it discusses the design alternatives that were not selected for the project
• D)it helps the steering committee assess system feasibility

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Definitions:

Liabilities

Financial obligations or debts that a company owes to external parties.

Assets

Assets that a company possesses or has rights to, which are anticipated to bring in economic gains or advantages in the future.

Operating Cycle

The period it takes for a business to buy inventory, sell products or services, and collect cash from sales.

Current Liability

Financial obligations that are due to be paid within one year or within the normal operating cycle of a business.