Why replacement cost is the best value and why lost income

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Reference no: EM133374453

Question: What is the best value that should be assessed when evaluating the worth of an information asset to the organization (a) replacement cost or (b) lost income while repairing or replacing?

So, I understand that it depends on the organization's goals and type of information assets they own or use, and the scenario they are facing to determine which of the two is the best value. But I would really like a few examples as to why replacement cost is the best value and why lost income is the best value in each of those scenarios. If you used an article to explain I would like if you could reference it in the explanation as well.

Reference no: EM133374453

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