Testing a new custom system before implementation is the responsibility of:

A) both users and IS analysts.
B) users only.
C) IS analysts only.
D) independent third parties.


A

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Real options analysis is most appropriate when

A. a small investment up front can be followed by a series of subsequent investments. B. there is no prospect of obtaining additional knowledge before making subsequent investments. C. the investment required can be justified by Discounted Cash Flow (DCF) techniques. D. the total investment required is small, but the environment is uncertain.

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Code written in interpreted programming languages can run only on machines whose disks store a(n) _____.

Fill in the blank(s) with the appropriate word(s).

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The time value of money is considered when calculating the payback period of an investment.

Answer the following statement true (T) or false (F)

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Social responsibility refers to

A. a democratic consensus of moral principles and laws that govern the behavior of individuals based on legislation adopted at the federal, state, and local levels. B. a personal moral philosophy that considers individual rights or duties as universal, regardless of the outcome. C. a societal moral philosophy based on the Golden Rule of the Judeo-Christian ethic found in the U.S. Constitution's Bill of Rights. D. a personal moral philosophy that focuses on the greatest good for the greatest number by assessing the costs and benefits of the consequences of ethical behavior. E. the view that organizations are part of a larger society and are accountable to that society for their actions.

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