Which of the Following Statements Defines Storage Cost

question 115

Multiple Choice

Which of the following statements defines storage cost?

• A) It is the cost of obtaining data that an organization does not have.
• B) It is the cost of transforming raw data into meaningful information.
• C) It is the cost of physically or electronically archiving information for later use.
• D) It is the cost of transmitting information from one place to another.

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Definitions:

New Computer System

A recently implemented arrangement of computer hardware, software, and possibly other components designed to function together.

Complete

To finish or conclude an action or process entirely, leaving no part undone.

Working

Engaged in an activity as a means of earning income; employed.

Reward

A payment or compensation offered for the fulfillment of certain requirements or for providing specific services.