The Output of the Systems Planning and Selection Phase Is

question 18

Multiple Choice

The output of the systems planning and selection phase is:

• A) a description of the alternative solution recommended by the analysis team.
• B) a detailed project proposal.
• C) a basic project plan.
• D) a baseline project plan.
• E) a cost benefit analysis.

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Definitions:

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that guide how financial events are reported in financial statements globally.

Financial Statement Presentation

The structured representation of the financial information, typically including the balance sheet, income statement, and cash flow statement, of an entity.

Return on Assets

This measures how efficiently a company's management is using its total assets to generate profits.

Asset Turnover

A financial ratio that measures the efficiency of a company's use of its assets to generate sales or revenue.