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What is a balance sheet that weighs the expenses associated with a technology solution against the advantages of the solution to an organization called?

a) Technology Ledger
b) Benefit Analysis Sheet
c) Cost-Advantage Balance
d) Cost-Benefit Analysis

User Ahmed AU
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Final answer:

A balance sheet that assesses expenses against the advantages of a technology solution for an organization is called a Cost-Benefit Analysis.

Step-by-step explanation:

The balance sheet that weighs the expenses associated with a technology solution against the advantages of the solution to an organization is called a Cost-Benefit Analysis. In this analysis, which is depicted on a T-shaped chart, costs are listed on one side and benefits on the other. This method is used to compare what an organization will sacrifice (money, effort, and other sacrifices) and what it will gain (money, time, experience, and other improvements) to assist in making informed decisions. The concept is similar to a bank’s balance sheet, which lists assets and liabilities, but specifically applied to assessing the viability of technology investments.

User Ckarabulut
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