IRM Corporation had an outdated, ineffective system for monitoring its fixed assets.You have been asked by the CEO to develop a new system; you have decided to use the systems development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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