Feasibility Analysis Is an Ongoing Task That Must Be Performed

question 80

True/False

Feasibility analysis is an ongoing task that must be performed throughout the systems development process.

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Definitions:

Time-Value

The concept that money available at the present time is worth more than the same amount in the future due to its potential earning capacity.

Money

Any item that is generally acceptable to sellers in exchange for goods and services.

Present Value

A calculation of today's value of money to be received in the future or ongoing cash flows, based on a given rate of return.