Under what conditions would you recommend using each of these funding methods to pay for information systems expenses: allocation, chargeback, and corporate budget? Please explain each funding method and give examples of how to use each of them.

Please provide in-depth explanation with examples when and why would you recommend using these funding methods.

Need to use keywords:

KEY TERMS activity-based costing (ABC), 198 allocation funding method, 197 balanced scorecard, 191 business case, 186 business-IT maturity model, 181 business technology strategist, 185 chargeback funding method, 196 chief information officer (CIO), 184 corporate budget funding method, 197 dashboard, 193 economic value added (EVA), 190 firmwide, 191 IT portfolio management, 189 net present value (NPV), 190 payback period, 190 return on investment (ROI), 190 total cost of ownership (TCO), 199