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Identify which of the following statements could be benefit or cost and which could be tangible or intangible. If tangible cost,identify whether it is fixed

Identify which of the following statements could be benefit or cost and which could be tangible or intangible. If tangible cost,identify whether it is fixed or variable and whether it is one-time or recurring. State your answer in the answer area provided (e.g. Statement 1: Tangible/Intangible Benefit OR Intangible cost OR Tangible Cost, Fixed/Variable, One-Time/Recurring)

Statement 1: Accurate and faster access to data for timely decision.

Statement 2: Payment of new database sets and servers purchased in the beginning of the project.

Statement 3: Yearly bank penalties.

Statement 4: Resource cost savings due to discounts given out by suppliers

Statement 5: Lower number of staffs working on at the site which reduces the extra hours claim cost.

Statement 6: Lower number of staffs working at the site which allow less confliction and stronger unity among staffs

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