Investment analyses for an HRIS are based the following information:
A) sources of costs and benefits, cost of obtaining financing, and the time when the organization will incur each cost
B) the time when the organization will incur each cost, the availability of the new HRIS software, and the cost of obtaining financing
C) an estimated dollar value for each cost and benefit, the availability of the new HRIS software, and sources of costs and benefits
D) the time when the organization will incur each cost, sources of costs and benefits, and an estimated dollar value for each cost and benefit

Question

Quizplus · Accepted Answer

Investment analyses for an HRIS require an estimate of the cost and benefits, the time when the organization will incur these costs, and the sources of these costs and benefits. An estimate of the dollar value for each cost and benefit is also crucial to evaluating the investment. Thus, option D is the best choice. Options A and B are incomplete and do not provide enough information, while option C does not explicitly consider the timing of costs and benefits, which is an essential aspect of investment analysis.

Investment Analyses for an HRIS Are Based the Following Information