Which of the Following Activities Is Performed During the Systems

question 100

Multiple Choice

Which of the following activities is performed during the systems development life cycle?

• A) assessing the ongoing feasibility of the project
• B) managing the behavioral reactions to change
• C) planning
• D) All of the above activities are performed during the life cycle.

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Definitions:

Fair Value Measurement

An accounting approach that provides an estimate of the price at which an asset could be exchanged or a liability settled, based on current market conditions.

Financial Instruments

Contracts that give rise to both a financial asset of one entity and a financial liability or equity instrument of another entity, such as stocks, bonds, or derivatives.

FASB

The Financial Accounting Standards Board, which is responsible for establishing and improving financial accounting and reporting standards in the United States.

IASB

The International Accounting Standards Board, an independent body that establishes and approves accounting standards.