________ Is the Process of Changing from the Old System

question 39

Multiple Choice

________ is the process of changing from the old system to the new system.

• A)Implementation
• B)Conversion
• C)Systems analysis and design
• D)Programming
• E)End-user involvement

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Definitions:

Hurdle Rate

The minimum rate of return on a project or investment required by a manager or investor to proceed with the project.

Present Value

The present value of a future amount of money or series of cash flows, using a certain return rate.

Payment Options

The various methods by which a buyer can fulfill a financial obligation to a seller, including cash, credit, and electronic transfers.

Compounding

The process where the value of an investment increases because the interest it earns itself earns interest.