Which Process Involves Determining How Long It Takes an Information

question 24

Multiple Choice

Which process involves determining how long it takes an information system to pay for itself?

• A) present value analysis
• B) cost-benefit analysis
• C) return on investment analysis
• D) payback analysis

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Definitions:

Non-Cancellable

A contract or agreement that cannot be terminated or cancelled by either party involved.

Future Sacrifice

The expected loss or cost in the future due to present decisions or commitments.

Essential Characteristic

A fundamental or inherent property that defines an entity, distinguishing it from others.

Liability

A company's financial debts or obligations that arise during the course of business operations.