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Which of the following is the order of tasks when evaluating AIS Investments?

Multiple Choice
Develop the Business case→Define Business Requirements→Estimate Benefits→Estimate Costs→Asess Risks→Prepare the value proposition.
Develop Financials→Estimate Benefits→Estimate Costs→Asess Risks→Prepare the value proposition.
Obtain management support→Estimate Benefits→Estimate Costs→Asess Risks→Prepare the value proposition.
Develop the Business case→Define Business Requirements→Estimate Benefits→Estimate Costs→Asess Risks→Implement.

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Final answer:

The correct order of tasks when evaluating AIS investments is: Develop the Business case, Define Business Requirements, Estimate Benefits, Estimate Costs, Assess Risks, and Prepare the value proposition.

Step-by-step explanation:

The order of tasks when evaluating AIS (Accounting Information System) Investments includes several steps, beginning with establishing a foundation for the decision-making process. The correct sequence is: Develop the Business case→Define Business Requirements→Estimate Benefits→Estimate Costs→Assess Risks→Prepare the value proposition. This systematic approach ensures that all aspects of the potential investment are thoroughly analyzed.

It starts with developing the business case to justify the need for the investment. Next, stating the business requirements ensures the AIS aligns with the organization's objectives. The estimation of benefits and costs is crucial for the cost/benefit analysis, enabling a comparison of what will be gained against what will be sacrificed. Risk assessment is significant to understand the potential uncertainties involved. Finally, preparing the value proposition synthesizes all this information, providing a comprehensive overview to aid decision-makers.

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