Increased flexibility is an example of an intangible benefit
Indicate whether the statement is true or false
FALSE
Explanation: Increased flexibility is an example of a tangible benefit. A tangible benefit is derived from the creation of an information system that can be measured in dollars and with certainty.
CL
You might also like to view...
You just purchased an automobile for $19,450 and must decide how to pay for it. Your local bank has granted you a five-year loan. Annual payments on the loan will be made at the end of each year and the amount of the loan payments, which include principal and interest, is $5,000 per year. What is the interest rate that is being charged on the loan?
Organizations often organize their data warehouse as a collection of _____, smaller collections of data that focus on a particular subject or department.
Fill in the blank(s) with the appropriate word(s).
Flexible budgets are also called static budgets
Indicate whether the statement is true or false
All of the following are true statements concerning the use of stocks EXCEPT:
a. There is no legal obligation to pay dividends. b. The sale of stock can improve the balance sheet. c. Shareholders never have to be repaid. d. Firms give up some control to voting shareholders. e. Dividends are paid out of pre-tax profits.