The __________ Is the Traditional Systems Development Method Used by Organizations

question 56

Multiple Choice

The __________ is the traditional systems development method used by organizations for large IT projects such as IT infrastructure.

• A)prototyping method
• B)systems development life cycle (SDLC)
• C)critical path method
• D)sourcing method

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Definitions:

Net Operating Income

The profit a company generates from its normal business operations, excluding expenses and taxes.

Activity Variance

The difference between the budgeted amount for an activity and the actual amount spent.

Budgeting

The process of creating a plan to spend your money, outlining how much revenue a company anticipates receiving and how much it expects to spend over a specific period.

Actual Results

The real, achieved outcomes of activities, such as financial performance, compared against planned or projected outcomes.