When Preparing a Cost-Benefit Analysis, Design Costs Incurred in the Systems

question 10

True/False

When preparing a cost-benefit analysis, design costs incurred in the systems planning, systems analysis and conceptual design phases of the Systems Development Life Cycle are relevant costs.

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Definitions:

Population

Any well-defined group of people (or things) that researchers want to know something about.

Researchers

Individuals who conduct systematic investigations to establish facts or principles or to collect information on a subject.

Sample

A group of people (or things) that are representative of the population that researchers want to study.

Representative

A person chosen or appointed to act or speak for another or others, especially in a political context.