Cost-Avoidance Benefits Refer to Expenses That Would Be Necessary If

question 3

True/False

Cost-avoidance benefits refer to expenses that would be necessary if a new system is not installed.

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Definitions:

High Cost

pertains to an expense that is considerably above the average or expected expenditure on goods or services.

Practices

Established methods or procedures followed by individuals or organizations in a specific field or profession.

External

Coming from outside a particular place or context, often referring to factors or influences that are outside of an individual's or organization's control.

Internal

Pertaining to or situated on the inside; relating to the inner nature of something or someone.