Match each of the following terms with its definition.
-A cost associated with an information system that can be easily measured in dollars and with certainty
A)Intangible benefit
B)Intangible cost
C)One-time cost
D)Recurring cost
E)Tangible cost

Question

Quizplus · Accepted Answer

A tangible cost is a cost that can be easily measured in dollars and with certainty.

Answer: B
 An intangible cost is a cost associated with an information system that cannot be easily measured in dollars or with certainty.

Answer: C
 A one-time cost is a cost associated with an information system that is incurred only once, such as purchasing hardware or software.

Answer: D
 A recurring cost is a cost associated with an information system that is incurred on a regular basis, such as maintenance or licensing fees.

Answer: A
 An intangible benefit is a benefit associated with an information system that cannot be easily measured in dollars or with certainty.

Match Each of the Following Terms with Its Definition