System Analysis and Design
The advantage of Purchase Option is (are)

All of these
None of these
the flexibility of modifying the system at will
Insurances, maintenance, and other expenses are included in the rental charge
No financing is requird. The risk of system obsolescence is shifted to the lessor

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System Analysis and Design
The outstanding Invoice file should be stared on a Pardon Access Storage Device if

inquires concerning payable are to be answered on-line
payment recording is done in a batch rode
invoice data entry is on-line.
None of these
last record points to the first record

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System Analysis and Design
A Turnaround document

is circulated among all the staff of an organization.
None of these
All of these
is circulated among all the heads of departments of an organization.
is output at one point which later comes back as an input

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