After All of the RFPs Have Been Received, Either the IT

question 42

Multiple Choice

After all of the RFPs have been received, either the IT governance committee or the project team will evaluate the proposals in order to select the best software package.Things that must be considered would include:

• A)The match of the system and the user needs to the features of the software
• B)Testimonials from other customers who use the software
• C)Reputation and reliability of the vendor
• D)All of the above

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Definitions:

Market Rate

The prevailing interest rate available in the marketplace on deposits or loans, or the current price of a financial instrument.

Liquidating Dividend

A dividend paid to shareholders from the capital base of the company, effectively reducing the company’s size and value.

Constant Rate

A fixed percentage or amount that does not change over time, often used in calculations of growth, decay, or interest.

Preferred Stock

A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, usually with predetermined dividend payments.