Every activity of a business process involves an information system

Which of the following is true about a memorandum?

A) It must be favorable to the client. B) It must be favorable to the plaintiff. C) It must be favorable to the defendant. D) It must be neutral and objective.

In general, a project's free cash flows will fall in one of the following three categories: initial outlay,

differential cash flows over the project's life, and the terminal cash flow. Indicate whether the statement is true or false