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MetaContinental Has Been Mandated to Comply with Sarbanes-Oxley Criteria

question 25

Essay

MetaContinental has been mandated to comply with Sarbanes-Oxley criteria.The reporting system will need to be almost completely overhauled to comply.The project team realizes that this will be a business process reengineering project.How should they go about gathering business requirements for the new system? Should they have interviews? Who? Why? How many? Should they have a JAD session? What other techniques should they use for gathering requirements?


Definitions:

Market Value

Today's market rate for the purchase or sale of services or assets.

Flotation Cost

Costs a company faces when it issues new securities, encompassing fees for underwriting, legal services, registration, and printing.

WACC

A measurement called the Weighted Average Cost of Capital assesses the cost of a business's capital, where every capital category is assigned a proportional weight.

Capital Structure

The particular combination of debt and equity that a company uses to finance its overall operations and growth.

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