A savings of $3,000 resulting from a data entry error correction would most likely be classified as a(n):
A)intangible benefit
B)qualitative benefit
C)tangible benefit
D)operational benefit

Question

Quizplus · Accepted Answer

A savings of $3,000 resulting from a data entry error correction is a tangible benefit, as it represents a measurable, quantifiable financial gain for the organization. Intangible benefits are difficult to measure and don't have a direct financial impact, qualitative benefits refer to descriptive, subjective improvements, and operational benefits are related to improved efficiency or effectiveness of operations.

A Savings of $3,000 Resulting from a Data Entry Error