Which of the Following Statements Is True of the Dimensions

question 48

Multiple Choice

Which of the following statements is true of the dimensions to measure process quality?

• A)Process effectiveness is determined by the ratio of benefits to costs.
• B)An effective business process enables an organization to accomplish its strategy.
• C)If two versions of a business process create the same benefit, the higher cost version is more efficient.
• D)Cost of infrastructure is not included under cost of business process.

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Definitions:

Face Value

The nominal or dollar value printed on a security or currency, indicating its worth as stated by the issuing authority.

Yield To Maturity

The total return anticipated on a bond if it is held until the date it matures, including all payments of interest and principal.

5-Year Bond

A debt security issued by governments or corporations with a fixed interest rate and maturity period of five years.

Forward Rate

The future interest rate agreed upon in a forward contract, relating to loans, bonds, or deposits to be made at a specified future time.