Discuss how a company would implement the Systems Development Life Cycle model.

Respond in your own words to #1 and #2 below in a minimum of 175 words each:

A component of an accounting system is one part that helps the entire system accumulate financial data, translate the data into worthwhile information, and then communicate the information to the necessary users.

1. Discuss how a company would implement the Systems Development Life Cycle model.

2. Explain why information technology (IT) is important to accounting information systems (AIS) and why accountants need to know about this technology.

PS: Your response should reflect your own opinions and thoughts. No more that 15% of any post should be from another source which must include the source reference.