1. As a future accounting professional, which phase of the SDLC are you least likely to be...

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1. As a future accounting professional, which phase of the SDLC are you least likely to be
involved in?
a. Build
b. Requirements analysis
c. Operations/maintenance
d. Test
2. If a system does poorly during the testing phase of the SDLC, it may be due to issues in
I. Requirements analysis.
II. Design.
III. Build.
a. I and II only
b. II and III only
c. I and III only
d. I, II, and III
3. Which of the following is the best example of the “initiation/planning” stage of the SDLC?
a. “We need to use XBRL to produce financial statements.”
b. “We should adopt Peachtree as our general ledger software.”
c. “Let’s compare PeopleSoft with SAP.”
d. “Our inventory controls are weak.”
4. Which of the following statements is most true?
a. Failure of a new system is a bigger risk in direct cutover implementations than in paral-
lel implementations.
b. Failure of a new system is a bigger risk in parallel implementations than in direct
cutover implementations.
c. Smaller organizations should use parallel implementation more often than direct cutover.
d. Larger organizations should use direct cutover implementation more often than parallel.
5. John plans to use the SDLC to develop a balanced scorecard for his department. Which
stage of the capability maturity model is John’s organization in?
a. Chaotic
b. Repeatable
c. Managed
d. Cannot be determined from the information given Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...
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