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What is a cost or benefit analysis

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Question-

Justin has advised Andrew that he agrees with the user requirements and wishes to proceed to the next stage of system selection. Justin has asked Andrew to compare the accounting system WaveCutter Pty Ltd can provide as part of their dealer arrangement with the system that Andrew has been suggesting.

Required:

1. Based on the user requirements you have identified, prepare an evaluation criteria that Andrew could use as a basis to compare the features of the two systems.

2. What is a cost/benefit analysis. What is its purpose? List some elements that are generally included in the costs, and some that are generally included in the benefits.

 

Reference no: EM13341758

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