To Gain an Understanding of How Key Stakeholders Within the Organization

question 25

Multiple Choice

To gain an understanding of how key stakeholders within the organization view the proposed system is the purpose of:

• A)technical feasibility
• B)legal and contractual feasibility
• C)political feasibility
• D)operational feasibility

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Definitions:

Cost Of Goods Sold

Direct costs attributable to the production of the goods sold by a company, including material and labor costs.

Current Ratio

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, by comparing current assets to current liabilities.

Balance Sheet

A document highlighting the assets, liabilities, and equity of shareholders of a firm on a given date, illustrating the company's financial health.

Sales On Account

Revenue generated from customers who purchase goods or services on credit, to be paid at a later date.