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Insurance on a Computer Installation Is an Example of A(n)

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Insurance on a computer installation is an example of a(n) ____ cost.


Definitions:

Prescriptive Theory

A theoretical approach that provides specific guidelines or frameworks for action to achieve desired outcomes.

Descriptive Theory

A theory that aims to accurately describe how certain phenomena occur or exist in reality.

Discrepancy

A divergence or difference between two or more items, situations, or values, often leading to a realization of a problem or a gap that needs addressing.

Effective

The degree to which something achieves its intended result, outcome, or goal with a minimum of wasted effort or expense.

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