A Large Portion of Errors in IT Systems Result from Data

question 49

True/False

A large portion of errors in IT systems result from data entry errors.

---

Definitions:

MIRR

Modified Internal Rate of Return; a financial measure used to evaluate the attractiveness of investments, adjusting for the costs of investment and for different rates of reinvestment of cash flows.

Required Rate of Return

The minimum return an investor expects to receive from an investment, considering the risk associated with it.

NPV

Net Present Value (NPV) is the difference between the present value of cash inflows and the present value of cash outflows over a period of time. It is used in capital budgeting to analyze the profitability of an investment.

Cash Flows

Cash flows refer to the net amount of cash and cash-equivalents being transferred into and out of a business, crucial for assessing the financial health and liquidity of a company.