What Is a Drawback to Using the Requirement Costing Method

question 111

Multiple Choice

What is a drawback to using the requirement costing method of software and hardware evaluation?

• A)Dollar estimates of costs and benefits are not included.
• B)Intangible factors such as reliability and vendor support are overlooked.
• C)The weights and points used are assigned subjectively.
• D)There is no drawback to using the requirements costing method.

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Definitions:

Guarantor

An individual or entity that agrees to be responsible for another's debt or performance under a contract if the original party fails to meet their obligations.

Lienholder's Claim

The right of a creditor to retain possession of a debtor's property until the debt is settled.

Type Of Lien

Legal claim or hold on property as security for payment of a debt or fulfillment of some obligation.

Property

Assets or possessions that can be owned or controlled to produce value, including real (land and buildings) and personal (movable items) property.