Chapter 5, Problem 18RQ

Explanation of Solution

Cost-benefit analysis:

• Cost-benefit analysis is the study that determines the cost required for protecting an asset.
• It is a process of feasibility which is carried with a formal documentation process. It is also called as economic feasibility study.
• System value is an estimated total cost of the organization in terms of the cost of equipment, and more important, in terms of the cost of information stored in the system...