The CA Hub

CAF-3 · Chapter 13 · Question 9 of 15

How should a business comprehensively measure the Return on Investment (ROI) of a newly implemented Information and Communication Technology (ICT) system?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: B) Through a detailed cost-benefit analysis comparing implementation costs against productivity gains

Explanation

Determining the ROI of ICT investments involves a cost-benefit analysis that compares the costs of implementing the system with expected benefits like increased efficiency and productivity gains

All 15 questions in Chapter 13Impact on the Accounting & Finance Profession MCQs with answers

More Impact on the Accounting & Finance Profession MCQs

Sponsored slot availableRun a CA academy or hiring firm? Put your name in front of students preparing for this exam.Advertise →