A Software ________ Is a Legal Contract That Defines the Ways

question 77

Short Answer

A software ________ is a legal contract that defines the ways in which a computer program may be used.

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Definitions:

Depreciation Adjustment

A financial accounting process that allocates the cost of a tangible asset over its useful life to account for the decline in its value.

Assets

Resources owned by a company deemed to have economic value and are expected to provide future benefits to the operations of the company.

Expenses

Costs that are incurred in the process of generating revenue.