An Growing Organization Needs to Provide Software to All of Its

question 900

Multiple Choice

An growing organization needs to provide software to all of its current and future employees.Which of the following should the organization purchase?

• A) Single user license agreement
• B) End user license agreement
• C) Site license
• D) Multiple user license agreement

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Definitions:

Variable Costing

An accounting method that only considers variable costs for product costing, excluding fixed overheads.

Net Operating Income

Net operating income is the total profit a company generates from its operations, excluding taxes and interest, highlighting operational efficiency.

Absorption Costing

An accounting tactic where the entirety of manufacturing costs—direct materials, direct labor, and manufacturing overhead, both variable and fixed—are included in calculating a product’s cost.

Unit Product Cost

The total expense incurred to produce and deliver one unit of a product, including both direct and indirect costs.