What are some of the intangible benefits that may be expected from the new system? Discuss their importance and why they are difficult to value.

The primary goal of installing an ERP system is achieving business process reengineering to improve customer service, reduce production time, increase productivity, and improve decision-making.

Why is cost-benefit analysis more difficult for information systems than for many other types of investments organizations make?

An accountant’s responsibility in the systems development life cycle (SDLC) is to ensure that the system applies proper accounting conventions and rules and possesses adequate control.

Discuss the accountant’s role in data modeling and potential problems caused by anomalies.

An example of an intangible benefit is

The big bang approach

Day-to-day transactions are stored in the operational database.

Data mining typically focuses on the operational databases.

A vivid and sensory-evoking description, creating a mental picture.