Examlex

Solved

Explain Why Intangible Benefits of an Information System Are Difficult

question 59

Essay

Explain why intangible benefits of an information system are difficult to quantify.


Definitions:

Contingent Liability

A potential financial obligation that may arise in the future, depending on the outcome of a specific event.

Future Event

A possible occurrence that may happen in the future, impacting strategies or decisions in various contexts.

Times Interest Earned

A financial ratio that measures a company's ability to cover its interest expenses on outstanding debt with its before-tax earnings, also known as the interest coverage ratio.

Related Questions