The Value Proposition Step in the Analysis of an IT

question 16

True/False

The value proposition step in the analysis of an IT initiative should focus on five questions,including the timing of expected benefits.

---

Definitions:

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that should match.

General Journal Entries

Recorded accounting transactions in the general journal that detail the financial activities of a business.

Transactions

Transactions refer to the exchange of goods, services, or financial assets in business activities.

Journal Entries

The method of recording financial transactions in an accounting system, where each transaction is entered twice to maintain the balance of the accounting equation.