​__________ Software May Be Freely Copied, Distributed, and Even Resold

question 13

Multiple Choice

​__________ software may be freely copied, distributed, and even resold.

• A) ​Proprietary software
• B) ​Public domain
• C) ​Commercial software
• D) ​Freeware

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Definitions:

Capital Budgeting

The process by which businesses evaluate and plan for significant investments in projects or assets, aiming to maximize investment returns.

Straight-Line Depreciation

A system for distributing a tangible asset's cost over its functional life in uniform yearly figures.

Income Tax Expense

The expense recorded to account for taxes on profits earned by an organization, which is charged against its income.

Capital Budgeting

The process of evaluating and selecting long-term investments that are in line with the goal of investor’s wealth maximization.