The Goal of the _____ Step of Systems Development Is

question 12

Multiple Choice

The goal of the _____ step of systems development is to gain a clear understanding of the problem to be solved or opportunity to be addressed.

• A) systems analysis
• B) systems investigation
• C) systems design
• D) systems implementation

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Definitions:

After-tax Cash Inflows

The amount of cash generated from any business activity after accounting for taxes.

Scrap Equipment

Old or discarded machinery and equipment that has no further use and is usually sold for its material content.

Discounted Payback Period

The time period required for the return on an investment to cover the cost, taking the time value of money into account.

Cash Inflows

Money or other forms of capital coming into a business, often from sales, investments, or financing activities.