Development Costs That Are Examined During Feasibility Analysis Include Costs

question 81

True/False

Development costs that are examined during feasibility analysis include costs for software licenses and software upgrades.

---

Definitions:

Predicted Amount

An estimated figure or value expected to be achieved in the future based on current data and trends.

Sales

The activities involved in selling products or services, ultimately resulting in revenue for the business.

Ideal Standards

Benchmarks for costs and efficiency that represent optimal levels of performance under perfect operating conditions.

Material Loss

The reduction in value or quantity of materials resulting from waste, theft, or inefficiency during the production process.