Application Software Maintenance, New Software and Hardware Leases, and Incremental

question 91

Multiple Choice

Application software maintenance, new software and hardware leases, and incremental communications are examples of:

• A) recurring costs.
• B) one-time costs.
• C) incremental costs.
• D) frequent costs.
• E) consumable costs.

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Definitions:

U.S. Dollars

The official currency of the United States, commonly abbreviated as USD.

Netherlands Guilders

The former currency of the Netherlands before the adoption of the euro, historically used in various Dutch territories.

U.S. Currency Value

The worth or purchasing power of the United States dollar in domestic and international markets.

Saudi Arabian Riyals

The official currency of Saudi Arabia, used for all financial transactions within the country.