This Costing Technique Looks Beyond the Initial Capital Investment of an IT

question 6

Short Answer

This costing technique looks beyond the initial capital investment of an IT solution and includes costs associated with technical support, administration, training and system retirement.

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Definitions:

Emotional Elements

Components of emotions, including subjective experience, physiological responses, and expressive behavior, which together constitute the complex experience of feeling.

Socratic Questioning

A technique used in teaching and therapy that encourages deep thinking and clarity through asking a series of probing questions.

Questioning Viewpoints

The process of critically examining and challenging existing opinions or perspectives to gain a deeper understanding.

Cognitive Distortion

In psychology, cognitive distortions are inaccurate or exaggerated thought patterns and beliefs that lead to negative thinking, emotions, and behaviors.