Software Algorithms Are a Form of ________ That,once Developed and Paid

question 89

Multiple Choice

Software algorithms are a form of ________ that,once developed and paid for,can be reused many times at a very low cost.

• A) tacit asset
• B) intangible asset
• C) knowledge asset
• D) social asset

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Definitions:

Activity-Based Costing

An accounting technique that assigns costs to units based on the activities needed to produce or deliver them, enhancing costing accuracy.

Overhead Cost

Indirect costs related to the general operation of the company, such as rent, utilities, and management salaries, not directly tied to production or sales.

Unit

A single, complete, or individual item that can be counted for inventory, production, or sales purposes.

Unit Level Activities

Activities that are performed each time a unit is produced, directly associated with production volume.