On loans fully secured by physical, non-real estate loans, the Basel Committee has set a loss given defaults (LGD) rate of

Briefly explain the difference between a need and a perceived need

What will be an ideal response?

When canned software is used for systems acquisition, the physical design phase of the systems development life cycle (SDLC)

A) does not involve designing and coding, although modifications may still need to be made. B) is combined with the conceptual design phase. C) involves designing and coding, although modifications may still need to be made. D) remains unchanged.