Systems Development Involves __________, Which Is the Revising of Results

question 60

Multiple Choice

Systems development involves __________, which is the revising of results of any development process when new information makes revision the smart thing to do.

• A) Iteration
• B) Scope creep
• C) Constraints
• D) Prototyping

---

Definitions:

Freddie Mac

A public government-sponsored enterprise (GSE) that operates in the secondary mortgage market to increase the availability and affordability of home loans.

Fannie Mae

A government-sponsored enterprise established to expand the secondary mortgage market by making mortgages more accessible and affordable.

Federal Reserve's Monetary

Actions by the Federal Reserve to control the money supply and interest rates in an effort to regulate the economy.

Real Output

The quantity of goods and services produced, adjusted for inflation, reflecting the true productivity of an economy.