Each Employee or Customer Who Uses a Computer in a Large

question 25

Multiple Choice

Each employee or customer who uses a computer in a large business is a(n) ____ user.

• A)SOHO
• B)enterprise
• C)mobile
• D)power

---

Definitions:

Maintenance Expenses

Costs incurred to keep an asset in working condition or to restore it to its operational status; these are necessary for ensuring the asset's longevity and efficiency.

Appraisal Value

Appraisal value is an estimation of the value of a property, usually performed by a professional appraiser, based on analysis and comparison to similar property transactions.

Present Value

The current value of a future sum of money or stream of cash flows, discounted at a specified rate of return.

Capital Cost Allowance (CCA)

A tax deduction that Canadian businesses can claim for the depreciation of tangible and intangible assets.