A Cost Associated with an Information System That Can Be

question 40

Multiple Choice

A cost associated with an information system that can be measured in dollars and with certainty is referred to as a(n) :

• A)economic cost
• B)tangible cost
• C)intangible cost
• D)one-time cost

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Definitions:

Foreign Currency

Money or other form of payment issued by a government other than the home country of the business or individual.

Appreciates

Refers to an increase in the value of an asset over time, often influenced by market dynamics or enhancements to the asset.

Cash Flow Hedge

A hedge of the exposure to variability in cash flows of a recognized asset or liability, or a forecasted transaction, that could affect profit or loss.

Fair Value

The price that would be received for selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.