IRM Corporation had an outdated, ineffective system for monitoring its fixed assets. You have been asked by the CEO to develop a new system; you have decided to use the systems development life cycle to accomplish the task. For each fixed asset, the system should include the following items: identification code, name, date placed in service, cost, estimated life, estimated salvage value, depreciation method, and condition. For each step in the SDLC, indicate one question you would ask / action you would take to develop the new system. Ensure that your responses are specific to the fixed asset system.
A. Initiation / planning: _______________________________________________
b. Requirements analysis: ____________________________________________
c. Design: _________________________________________________________
d. Build: ___________________________________________________________
e. Test: ___________________________________________________________
f. Implementation: __________________________________________________
g. Operations / maintenance: __________________________________________
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