Which of the Following Statements About Determining the Costs and Benefits

question 26

Multiple Choice

Which of the following statements about determining the costs and benefits of IT investments is false?

• A) Some costs are fixed.
• B) Costs do not end when the system is installed.
• C) Many IT projects end up being over budget.
• D) Benefits are hard to quantify because implementing new technology could be used for multiple purposes.
• E) Benefits are hard to quantify because they are tangible.

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Definitions:

Brand

A name, term, design, symbol, or any other feature that identifies one seller's good or service as distinct from those of other sellers.

Differentiates

The process or factors that distinguish or set apart one entity or concept from others.

Sign

An object, quality, or event whose presence or occurrence indicates the probable presence or occurrence of something else.

Two-way Communication

Two-way Communication is the interactive process of exchanging information, ideas, or messages between individuals or groups, allowing for feedback and dialogue.