Explain the importance of the requirements determination stage of the SDLC process
What will be an ideal response?
Determining the system's requirements is the most important activity in the systems development process. If the requirements are determined completely and correctly, then design and implementation will be easier and more likely to result in success. Sources of requirements include existing systems as well as the forms, reports, queries, and application features and functions desired in the new system. Security is another important category of requirements. Because requirements are difficult to specify, building a working prototype can be quite beneficial. Whereas future systems users often struggle to understand and relate to requirements expressed as word descriptions and sketches, working with a prototype provides a more direct experience.
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Why are extensive training and team building activities important when managing contracted relationships?
A. Extensive training and team-building activities are not worth the effort because people issues will usually work themselves out over time B. So team members are provided with a theoretical understanding of the barriers to collaboration as well as the skills and procedures to be successful C. So teams can still function together when co-location is not important for project success D. So teams can identify difficult individuals and keep their distance during the project E. So conflict management processes can be put into place
Restrictions on commercial banks' securities and insurance activities put American banks at a competitive disadvantage relative to foreign banks
Indicate whether the statement is true or false
Arla Dodson is the payroll accountant for Penn & Associates Investments. The company owner decided on December 15, 2017 that he would invoke the special accounting rule. By what date does Arla need to notify the affected employees that the rule is being used?
What will be an ideal response?
An unbiased estimator is a sample statistic whose expected value equals the population parameter
Indicate whether the statement is true or false