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A(n)________ Refers to a Contract Whereby the Owner of Software

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Short Answer

A(n)________ refers to a contract whereby the owner of software or a digital application grants limited rights to the owner of a computer or digital device to use the software or digital application for a limited period and under specified conditions.


Definitions:

Activity-Based Costing

A costing method that assigns overhead and indirect costs to specific products or projects based on their use of resources, aiming for more accurate product costing.

Tech Support

A service provided to help customers resolve technical problems with products or services.

Time-Driven

A strategy or method that bases decisions, costs, or efficiency measurements on the amount of time taken to perform activities.

Activity-Based Costing

A pricing strategy that recognizes various tasks within a company and allocates the expenses of each task to all goods and services based on their real usage.

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