Estimating benefits and expenditures to determine whether a proposed system would be beneficial is known as
A)the "best guess" model of benefit analysis.
B)the "value added" benefit model.
C)the capital budgeting model.
D)the estimated benefits model.

Question

Quizplus · Accepted Answer

The process of estimating benefits and expenditures to determine whether a proposed system would be beneficial is also known as capital budgeting. This involves analyzing the potential financial and non-financial benefits of the proposed system against the costs associated with implementing and maintaining it. Choice A, "the best guess" model of benefit analysis, is not a recognized methodology for estimating benefits and expenditures. Choice B, "the value added" benefit model, is not commonly used in benefit analysis. Choice D, "the estimated benefits model," is vague and does not provide enough detail to accurately describe the process of benefit analysis.

Estimating Benefits and Expenditures to Determine Whether a Proposed System