During the System Development Cycle, the Systems Analysts Are the Liaison

question 118

Multiple Choice

During the system development cycle, the systems analysts are the liaison between the ____.

• A) project team and the project leader
• B) project leader and the users
• C) users and the IT professionals
• D) project team and the steering committee

Define and calculate opportunity costs in the context of capital budgeting.

Recognize the role of terminal values and terminal cash flows in project evaluation.

Assess project proposals considering estimating inaccuracies and subjective benefits.

Understand the importance of considering risk in the capital budgeting process.

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Definitions:

Initial Cost

The initial expenditure involved in starting a project, acquiring an asset, or initiating an investment.

Annual Cash Flows

The total amount of money being transferred into and out of a business, captured yearly.

Cross-over Rate

The Cross-over Rate is the point at which two different projects or investments have the same net present value or rate of return, used in capital budgeting to compare projects.

Initial Cash Outlay

The total amount of money required upfront to initiate a project, investment, or venture.