Given the following information concerning a four-year planning horizon for a particular ERP system implementation: Licensing rights
Question:
Given the following information concerning a four-year planning horizon for a particular ERP system implementation: Licensing rights for all four (4) years - $400,000 Application server and database server purchase - $75,000 (four-year expected life) Computer purchases and upgrades - $28,000 (one-time charge) Maintenance contract for computers and servers -- $5,500 per year Training - $10,000 for the first year, $5000 for the remaining three years Consulting - Free for the first 6 months then $12,000 per year (prorated for partial years) New hire - Database/ERP system administrator at $200,000 annual salary (includes benefits) This option for implementing an ERP system is best described as: Group of answer choices use SaaS for ERP software delivery license ERP software and purchase necessary equipment and support not enough information to determine use cloud services for ERP software delivery license ERP software and lease necessary equipment and support
Basic Finance An Introduction to Financial Institutions Investments and Management
ISBN: 978-1111820633
10th edition
Authors: Herbert B. Mayo