The period between the beginning of systems operation and the point when operational costs are rapidly increasing is called the ____ of the system.
A) economically useful life
B) positive benefits
C) variable cost
D) present value

Question

Quizplus · Accepted Answer

The economically useful life of a system refers to the period during which the benefits of the system outweigh the costs. During this period, the operational costs of the system are not rapidly increasing, indicating that the system is still providing value. Once the economically useful life ends, the system may need to be replaced or upgraded in order to continue providing value. Choices B, C, and D are not accurate descriptions of this period.

The Period Between the Beginning of Systems Operation and the Point