Which of the Following Is True of Cost-Benefit Analysis

question 14

Multiple Choice

Which of the following is true of cost-benefit analysis?

• A)It evaluates the design of data structure and content.
• B)It is a review of how soon the system of software application will become outdated.
• C)It shows the flow of data between departments.
• D)It compares the expense of completing a task with and without an automated system.
• E)It evaluates the frequency and criticality of automating specific tasks within a functional area.

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Definitions:

Capital Budget

A budget allocating funds for the acquisition or maintenance of long-term assets such as property, plants, and equipment.

Supply Research

The study or investigation into the sources of goods and services, focusing on availability, quality, and cost.

Competitors

Businesses or individuals that operate in the same market or industry and vie for the same customers or market share.

Supply Processes

Encompasses the series of actions and steps taken to ensure that goods, services, and resources are effectively procured, managed, and delivered to meet the demands of an organization.