What Is a Model That Represents the Current State of the Operation

question 40

Multiple Choice

What is a model that represents the current state of the operation without any specific improvements or changes to existing processes?

• A) As-Is process models
• B) To-Be process models
• C) Competitive business process models
• D) Workflow model

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Definitions:

Capital Investment

Funds invested in a firm or enterprise for the purpose of furthering its business objectives.

Stand-Alone Principle

Evaluation of a project based on the project’s incremental cash flows.

Equivalent Annual Cost

A financial analysis tool used to compare the cost effectiveness of different assets by breaking down their costs into equivalent annual amounts.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time for an investment.