Which of the Below Is Not Included as Part of a Benchmark

question 197

Multiple Choice

Which of the below is not included as part of a benchmark?

• A) Benchmarks help assess how an MIS project performs over time.
• B) When measured against MIS projects,benchmarks can provide feedback so managers can control the system.
• C) Benchmarks help to establish baseline values the system seeks to attain.
• D) Benchmarks perform all of these choices.

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Definitions:

Interest Expense

This represents the cost incurred by an entity for borrowed funds, which can include loans, bonds, or lines of credit.

Cash Payment

A transfer of cash from one party to another, often as payment for goods or services.

Bond Discount Amortization

This is the process of gradually expensing the difference between a bond's face value and its purchase price over its life, reflecting an increase in the bond's book value.

Straight-Line Amortization

A method of uniformly reducing the book value of an intangible asset over its useful life.