Which of the following will best help an organization decide if the time is right to adopt a new technology?
A)calculating liability ratios
B)calculating leverage ratios
C)balancing the year-end budget
D)doing a cost-benefit analysis
E)taking an employee survey

Question

Quizplus · Accepted Answer

Doing a cost-benefit analysis will help an organization weigh the potential benefits versus costs of adopting a new technology, and determine if it is financially feasible and advantageous to do so. The other options listed are not relevant to determining the appropriateness of adopting a new technology.

Which of the Following Will Best Help an Organization Decide