Question 1

_________ is the process of determining how long it takes an information system to pay for itself.

Accepted Answer

The answer of _________ is the process of determining how...

Question 2

The _________ of a future dollar is the amount of money that, when invested today at a specified interest rate, grows to exactly one dollar at a certain point in the future.

Accepted Answer

The answer of The _________ of a future dollar is...

Question 3

Which of the following is an example of variable costs?

Accepted Answer

A)  Project team members' salaries 
B)  Printer paper costs 
C)  Hardware rental charges 
D)  Property taxes 
A)  Project team members' salaries 
B)  Printer paper costs 
C)  Hardware rental charges 
D)  Property taxes

Question 4

_____ is performed to determine the economic feasibility of an information system project and to compare alternative solutions.

Accepted Answer

A)  SWOT-check analysis 
B)  Economical detriment analysis 
C)  Contrast analysis 
D)  Cost-benefit analysis 
A)  SWOT-check analysis 
B)  Economical detriment analysis 
C)  Contrast analysis 
D)  Cost-benefit analysis

Question 5

_________ is the charging of indirect IT department costs based on the resources used by an information system.

Accepted Answer

Resource a

Question 6

Identify an example of fixed costs.

Accepted Answer

A)  Consumable supplies costs 
B)  Printer paper costs 
C)  Hardware rental charges 
D)  Telephone charges 
A)  Consumable supplies costs 
B)  Printer paper costs 
C)  Hardware rental charges 
D)  Telephone charges

Question 7

Intangible costs are costs that can be assigned a specific dollar value.

Accepted Answer

A) True 
 B)False

Question 8

The _________ of a project is the total present value of the benefits minus the total present value of the costs.

Accepted Answer

net present value (N

Question 9

The time taken by payback analysis to recover an information system's costs is called the _________.

Accepted Answer

The answer of The time taken by payback analysis to...

Question 10

When conducting a payback analysis, the time it takes for the accumulated benefits of an information system to equal the accumulated costs of developing and operating the system is calculated.

Accepted Answer

A) True 
 B)False

Question 11

_____ means that the projected benefits of a proposed system outweigh the estimated costs.

Accepted Answer

A)  Operational feasibility 
B)  Technical feasibility 
C)  Economic feasibility 
D)  Schedule feasibility 
A)  Operational feasibility 
B)  Technical feasibility 
C)  Economic feasibility 
D)  Schedule feasibility

Question 12

Return on investment (ROI) is calculated using the formula _____.

Accepted Answer

A)  ROI = (total benefits - total costs) / total costs 
B)  ROI = (total costs - total benefits) / total costs 
C)  ROI = (total benefits - total costs) / total benefits 
D)  ROI = (total costs - total benefits) / total benefits 
A)  ROI = (total benefits - total costs) / total costs 
B)  ROI = (total costs - total benefits) / total costs 
C)  ROI = (total benefits - total costs) / total benefits 
D)  ROI = (total costs - total benefits) / total benefits

Question 13

Identify an example of direct costs.

Accepted Answer

A)  Project team members' salaries 
B)  Power consumption costs 
C)  Copy machine rentals 
D)  Insurance expenses 
A)  Project team members' salaries 
B)  Power consumption costs 
C)  Copy machine rentals 
D)  Insurance expenses

Question 14

The period between the beginning of systems operation and the point when operational costs are rapidly increasing is called the _________ of the system.

Accepted Answer

economical

Question 15

To help system analysts perform present value analysis, adjustment factors for various interest rates and numbers of years are calculated and printed in tables called _________.

Accepted Answer

present va

Question 16

Operational costs are incurred only once at the time a system is developed or acquired.

Accepted Answer

A) True 
 B)False

Question 17

Direct costs usually are more difficult to identify and predict than indirect costs.

Accepted Answer

A) True 
 B)False

Question 18

A(n) _________ is a technique that uses accounting entries to allocate the indirect costs of running an IT department.

Accepted Answer

The answer of A(n) _________ is a technique that uses...

Question 19

Variable costs are costs that vary depending on the level of activity.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following is an example of operational costs?

Accepted Answer

A)  Project team members' salaries 
B)  Software purchases 
C)  Initial user training costs 
D)  System maintenance evaluations 
A)  Project team members' salaries 
B)  Software purchases 
C)  Initial user training costs 
D)  System maintenance evaluations

_________ is the process of determining how long it takes an information system to pay for itself.

The _________ of a future dollar is the amount of money that, when invested today at a specified interest rate, grows to exactly one dollar at a certain point in the future.

Which of the following is an example of variable costs?

_____ is performed to determine the economic feasibility of an information system project and to compare alternative solutions.

_________ is the charging of indirect IT department costs based on the resources used by an information system.

Identify an example of fixed costs.

Intangible costs are costs that can be assigned a specific dollar value.

The _________ of a project is the total present value of the benefits minus the total present value of the costs.

The time taken by payback analysis to recover an information system's costs is called the _________.

When conducting a payback analysis, the time it takes for the accumulated benefits of an information system to equal the accumulated costs of developing and operating the system is calculated.

_____ means that the projected benefits of a proposed system outweigh the estimated costs.

Return on investment (ROI) is calculated using the formula _____.

Identify an example of direct costs.

The period between the beginning of systems operation and the point when operational costs are rapidly increasing is called the _________ of the system.

To help system analysts perform present value analysis, adjustment factors for various interest rates and numbers of years are calculated and printed in tables called _________.

Operational costs are incurred only once at the time a system is developed or acquired.

Direct costs usually are more difficult to identify and predict than indirect costs.

A(n) _________ is a technique that uses accounting entries to allocate the indirect costs of running an IT department.

Variable costs are costs that vary depending on the level of activity.

Which of the following is an example of operational costs?

Introduction to Systems Analysis and Design

Analyzing the Business Case

Managing Systems Projects

Requirements Modeling

Data and Process Modeling

Object Modeling

Development Strategies

User Interface Design

Data Design

System Architecture

Managing Systems Implementation

Managing Systems Support and Security

Appendix-The Systems Analyst’s Toolkit

CASE Tools

Internet Resource Tools

Filters

Exam 15: Financial Analysis Tools

_________ is the process of determining how long it takes an information system to pay for itself.

The _________ of a future dollar is the amount of money that, when invested today at a specified interest rate, grows to exactly one dollar at a certain point in the future.

Which of the following is an example of variable costs?

_____ is performed to determine the economic feasibility of an information system project and to compare alternative solutions.

_________ is the charging of indirect IT department costs based on the resources used by an information system.

Identify an example of fixed costs.

Intangible costs are costs that can be assigned a specific dollar value.

The _________ of a project is the total present value of the benefits minus the total present value of the costs.

The time taken by payback analysis to recover an information system's costs is called the _________.

When conducting a payback analysis, the time it takes for the accumulated benefits of an information system to equal the accumulated costs of developing and operating the system is calculated.

_____ means that the projected benefits of a proposed system outweigh the estimated costs.

Return on investment (ROI) is calculated using the formula _____.

Identify an example of direct costs.

The period between the beginning of systems operation and the point when operational costs are rapidly increasing is called the _________ of the system.

To help system analysts perform present value analysis, adjustment factors for various interest rates and numbers of years are calculated and printed in tables called _________.

Operational costs are incurred only once at the time a system is developed or acquired.

Direct costs usually are more difficult to identify and predict than indirect costs.

A(n) _________ is a technique that uses accounting entries to allocate the indirect costs of running an IT department.

Variable costs are costs that vary depending on the level of activity.

Which of the following is an example of operational costs?

Introduction to Systems Analysis and Design

Analyzing the Business Case

Managing Systems Projects

Requirements Modeling

Data and Process Modeling

Object Modeling

Development Strategies

User Interface Design

Data Design

System Architecture

Managing Systems Implementation

Managing Systems Support and Security

Appendix-The Systems Analyst’s Toolkit

CASE Tools

Internet Resource Tools

Filters