Logical Feasibility Is a System Feasibility Assessment Tool That Focuses

question 8

True/False

Logical feasibility is a system feasibility assessment tool that focuses on the technical capability of the organization and the availability of the technology necessary to implement a new system.

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Definitions:

Consolidated Balance Sheet

A financial statement showing the combined assets, liabilities, and equity of a parent company and its subsidiaries as if they were a single entity.

Fair Value Enterprise Method

An approach to valuation that estimates the price at which an entire business would exchange between knowledgeable and willing parties.

Journal Entry

A record of financial transactions in the accounting system of a business, consisting of debits and credits.

Elimination Entry

Elimination entry involves making accounting entries in consolidated financial statements to remove the effects of intercompany transactions.