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If the following table were presented comparing the costs and tangible benefits of two accounting information systems: Costs and Tangible Benefits System 1 System 2
If the following table were presented comparing the costs and tangible benefits of two accounting information systems:
Costs and Tangible Benefits | System 1 | System 2 |
---|---|---|
Project completion time | 1 year | 1 year |
Expected life of the system | 5 years | 5 years |
One-time costs | $300,000 | $140,000 |
Recurring costs incurred at beginning of years 15 | $45,000 | $55,000 |
Annual tangible benefits incurred at end of years 15 | $170,000 | $135,000 |
Does this table provide enough information to make an informed decision? Discuss in 100120 words.
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