Security Software Usually Requires A(n) _____

question 73

Multiple Choice

Security software usually requires a(n) _____.

• A) monthly service fee
• B) one time payment
• C) annual renewal fee
• D) one time payment and annual renewal fee

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Definitions:

Depreciation

Methodically dividing the cost of a tangible asset throughout its effective life.

Residual Value

The estimated amount that an asset will be worth at the end of its useful life, after it has been fully depreciated.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life evenly.

Depreciation Expense

Assigning the cost of a solid asset across its useful lifespan.