__________ Licenses for Specialty Software Are Paid for on a License

question 144

Multiple Choice

__________ licenses for specialty software are paid for on a license basis or per-use basis or usage-based licensing.

• A)Single-user
• B)Network user
• C)Site
• D)Application service provider

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Definitions:

Notes Receivable

Written promises for amounts to be received by a business, usually detailing interest and the due date for repayment.

Cash Loan

A type of loan where the borrower receives a cash amount upfront and agrees to pay back both the principal and interest over a set period.

Cash Loan

A financial agreement where a borrower receives a specific amount of cash from a lender and agrees to repay it, with interest, over a set period.

Interest to be Collected

The amount of interest income that has been earned but not yet received in cash.