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

---

Definitions:

Expected Interest Rate

The anticipation of the rate at which money will be charged for the use of money in future transactions, often guided by current economic conditions and monetary policy.

Algebraic Expression

An algebraic expression is a mathematical phrase that can contain ordinary numbers, variables (like x or y), and operators (like add, subtract, multiply, and divide).

Interest Rate

An annual percentage reflecting the amount of a loan that is applied as interest to the borrower, calculated on the total loan amount outstanding.

Retirement

The act of leaving one's job and ceasing to work, typically due to age or health reasons.