Lance Works for a Company That Allows Users to Bring

question 39

Multiple Choice

Lance works for a company that allows users to bring their own devices to work. Last week Lance purchased a software package from a company that allows him to change fonts on pictures that he uses in his work presentations. Lance wants to share the program with his coworker Susan.  
Is Lance allowed to share the software with Susan?

• A) Susan would need to purchase the software from the company.
• B) Lance purchased the software for work and can share it with coworkers.
• C) The software is open source, so Lance can share the software with Susan.
• D) The software was purchase by Lance with a site license and can be used by Susan.

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Definitions:

Mixed Cost

A cost composed of a mixture of fixed and variable components. Costs are fixed for a set level of production or consumption, becoming variable with further production or consumption.

Fixed Expenses

Regular expenses that do not vary in total over a wide range of activity levels.

Contribution Margin

The amount remaining from sales revenue after variable expenses have been deducted; indicates the contribution towards covering fixed expenses and generating profit.

Net Income

The income a company retains after deducting all costs, taxes, and expenses from its total revenue.