The Rising Costs of Information Systems Is One Reason Why

question 87

True/False

The rising costs of information systems is one reason why improved information systems project identification and selection is needed.

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Definitions:

Business Trust

A legal arrangement where assets are managed by trustees for the benefit of the trust's beneficiaries, often used in business for tax and estate planning.

Assets

Resources owned or controlled by a business, individual, or entity which have value and can be used to meet debts, commitments, or legacies.

Profits

The financial gain obtained when the revenue from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Misconduct

Improper or unethical behavior, often violating the rules or norms of a professional environment.