Which Process Develops a Detailed Description of the Functions That

question 25

Multiple Choice

Which process develops a detailed description of the functions that a new information system must perform?

• A) Feasibility study
• B) Systems design
• C) Test plan development
• D) PERT chart
• E) Requirements analysis

---

Definitions:

Financial Position

An overview of a company's assets, liabilities, and equity at a specific point in time, presenting a snapshot of its financial health.

Depreciation

Depreciation is the accounting method of allocating the cost of a tangible asset over its useful life.

Net Working Capital

A financial indicator showing the disparity between a company's existing assets and its immediate debts.

Long-Term Bank Credit

A type of financing provided by banks that has a maturity date longer than one year, used for funding significant investments or operations.