A Cost Associated with an Information System That Can Be

question 16

Multiple Choice

A cost associated with an information system that can be measured in dollars and with certainty best describes:

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

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Definitions:

Business Decision

A judgment or choice made in the context of managing a company, often involving resource allocation and strategy.

Pooling Agreement

An agreement made by shareholders whereby they promise to vote the same way on a particular issue. Also called shareholder agreements and voting agreements.

Breach of Contract

The failure of one party to fulfill any of its contractual obligations without a valid legal reason, leading to possible legal action by the other party.

Chemical Plant

An industrial facility where chemical processes are carried out, especially the manufacture of chemicals or pharmaceuticals.