The 'Worst Case Scenario' Might Be That When Implementing a New

question 52

True/False

The 'worst case scenario' might be that when implementing a new system (using the direct cut-over)that the new system doesn't work and the old system has been decommissioned.

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Definitions:

Tax Shield Approach

A method used in finance to reduce taxable income by properly deducting expenses like mortgage interest, which decreases overall taxes owed.

Operating Cash Flows

The amount of cash generated by a company's regular business operations.

Sunk Costs

Expenses that have already been incurred and cannot be recovered.