Lecture 10 and Interactive Tutorial 11 discusses the acronym TELOS which provides guidance for accessing project feasibility. The term stands for technical, economic, legal, operational and schedules feasibility. Discuss these feasibilities briefly. And elaborate cost-benefit analysis under economic feasibility. [4 Marks]

b) Accountants should be involved in the detailed design and implementation of the system development life cycle. Comment on the statement. [3 Marks]