Which of the Following Systems Acquisition Methods Is Time Consuming

question 16

Multiple Choice

Which of the following systems acquisition methods is time consuming, costly, and may produce excessive documentation?

• A) Systems development life cycle
• B) Prototyping
• C) End-user development
• D) External acquisition
• E) Object-oriented development

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Definitions:

Salvage Value

The conjectured remain value of an asset at the end of its productive life.

Straight-Line Method

A technique for determining depreciation or amortization by equally distributing an asset's cost throughout its lifespan.

Salvage Value

An asset’s expected trade-in value at the point it concludes productive life.

Depreciation

Spreading out the cost of a tangible asset systematically over its life of service.