The Task of Improving the Efficiency of Crawford Insurance's Accounting

question 23

Multiple Choice

The task of improving the efficiency of Crawford Insurance's accounting information system was given to a project development team.During the ________ step in the systems development life cycle,the team determined that implementing a new system will yield an internal rate of return of approximately 16.0%.

• A)systems analysis
• B)operations and maintenance
• C)implementation and conversion
• D)conceptual design

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Definitions:

Deregulation

Deregulation involves the reduction or elimination of government power in a particular industry, often with the intention of increasing competition and fostering innovation.

Free Market Principles

Economic policies and systems that rely on supply and demand free from government intervention to govern market operations.

Information Flow

Describes the transfer and dissemination of information from its source to receivers through various channels or media.

War Times

Periods during which a country is engaged in armed conflict.