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IS 205 Quiz 7 | Questions and answers | Updated | RATED A+| 2026|Park University

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IS 205 Quiz 7 | Questions and answers | Updated | RATED A+| 2026|Park University IS 205 Quiz 7 | Questions and answers | Updated | RATED A+| 2026|Park UniversityIS 205 Quiz 7 | Questions and answers | Updated | RATED A+| 2026|Park UniversityIS 205 Quiz 7 | Questions and answers | Updated | RATED A+| 2026|Park University

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10/3/2015 Unit 7: Quiz: IS205DLF1A2015 Managing Information Systems


Unit 7: Quiz
Due Oct 4 at 11:59pm Points 20 Questions 20 Time Limit 60 Minutes



Attempt History
Attempt Time Score

LATEST Attempt 1 23 minutes 20 out of 20




 Correct answers will be available on Oct 5 at 12am.

Score for this quiz: 20 out of 20
Submitted Oct 3 at 8:29pm
This attempt took 23 minutes.


Question 1 pts


To best evaluate, from a financial standpoint, an IT investment whose benefits cannot be firmly established in advance, you would use
(from Chapter 14)


capital budgeting.


the real option pricing model.


a scoring model.


the net present value.




Ref: 540 testbank(14­46)




Question 2 pts


ROPMs value information systems similar to stock options, in that (from Chapter 14)


ROPMs can be bought and sold like stocks.


a company's worth can be evaluated by the worth of their ROPMs.



initial expenditures on IT projects are seen as creating the right to pursue and obtain benefits from the system at a later
date.




expenditures and benefits from IT projects are seen as inflows and outflows of cash that can be treated themselves like
options.




Ref: 540 testbank(14­45)




This study source wasQuestion 3 by 100000903111493 from CourseHero.com on 03-05-2026 18:03:50 GMT -06:00
downloaded pts

https://canvas.park.edu/courses/7292/quizzes/149196 1/7
https://www.coursehero.com/file/12331543/Unit-7-Quiz/

, 10/3/2015 Unit 7: Quiz: IS205DLF1A2015 Managing Information Systems


You have been hired to implement an enterprise system that will automate much of the billing and accounting work for a statewide HVAC
services company. Which of the following would you prepare to describe how the new system will affect a firm's structure and operations?
(from Chapter 14)


information systems plan


internal integration report


sociotechnical design report


organizational impact analysis




Ref: 550 testbank(14­29)




Question 4 pts


The oldest method for building information systems is (from Chapter 13)


component­based development.


prototyping.


object­oriented development.


the systems development lifecycle.




Ref: 507 testbank(13­54)




Question 5 pts


In what stage of systems development are design specifications created? (from Chapter 13)


systems analysis


systems design


testing


conversion




Ref: 502 testbank(13­44)




Question 6 pts


Which of the following statistics from studies on failed projects is not true? (from Chapter 14)


Between 30 and 40 percent of software projects fail in terms of budget, schedule, and quality.
This study source was downloaded by 100000903111493 from CourseHero.com on 03-05-2026 18:03:50 GMT -06:00

https://canvas.park.edu/courses/7292/quizzes/149196 2/7
https://www.coursehero.com/file/12331543/Unit-7-Quiz/

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