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NEW QUESTION 49
Which of the following statements is TRUE?
- A. Discounted cash flows do not usually take into account the time value of money.
- B. The IRR of every project is based on it achieving a Net Present Value of zero.
- C. It is preferable for the calculated IRR of a project to be below bank interest rates,
- D. When comparing two projects, the one with the lower NPV should be preferred.
Answer: B
NEW QUESTION 50
It has been suggested that five clerical posts can be abolished when a new computer system is implemented. Under which category of costs or benefits will this be recorded?
- A. Tangible benefits.
- B. Tangible costs.
- C. Intangible costs.
- D. Intangible benefits.
Answer: A
NEW QUESTION 51
Which of the following statements is true?
- A. Ethnographic Studies are concerned with the long term observation of the business environment.
- B. Shadowing is an effective way of preparing test scripts for user acceptance
- C. Interviews are effective in building a consensus view and securing agreement from a diverse group.
- D. Rich pictures and mind maps are used to document the requirements for the IT system
Answer: A
NEW QUESTION 52
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