Communication Software Usually Is Bundled with the Operating System or Purchased

question 41

True/False

Communication software usually is bundled with the operating system or purchased network devices.

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Definitions:

Useful Life

The estimated period over which an asset is expected to be usable by a company before it is fully depreciated.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting the asset's consumption or wear and tear.

Installation Costs

Expenses associated with putting fixed assets into operation, including the costs of setting up, assembling, and installing the assets.

Residual Value

The estimated amount that an asset is expected to realize at the end of its useful life.