What is the payback method and how is it used?
The payback method is a variation of break-even analysis. The break-even point is reached when total costs equals total benefits. In choosing an information system, payback speed is often a decisive factor. With brief product life cycles and rapid advances in technology, the effective lives of information systems tend to be short. The length of the payback period often takes precedence over other considerations represented by intangible benefits.
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How is an outline similar to a roadmap?
What will be an ideal response?
Find the area under the normal curve between the Z values 0.94 and 0.73.
A. 5.91% B. 15.22% C. 23.32% D. 33.69%
Arrange the steps in the data-driven approach in the correct order: I. Investigate symptoms. II. Catalog possible fraud symptoms. III. Analyze results. IV. Understand the business. V. Identify possible frauds that could exist. VI. Use technology to gather data about symptoms
a. I, II, III, IV, V, VI b. V, IV, I, II, VI, III c. IV, V, II, VI, III, I d. IV, V, VI, II, III, I
External change agents are often hired because of which of the following strengths?
a. They are a frugal option for organizations with tight budgets b. They are independent and credible c. They have deep knowledge of the organization d. They can take charge of final decision making