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

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

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System Analysis and Design
The term Parallel Run refers to

the processing of two different jobs initiated from two terminals.
All of these
the concurrent operation of an existing system and a new system
the same job run on two different computer to test their speeds
None of these

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