Classify each of the following as either a one-time or recurring costs:training personnelinitial programming and testingsystem design-onehardware costssoftware maintenance costssite preparationrent for facilitiesdata conversion from old system to new systeminsurance costsinstallation of original equipmenthardware upgrades
What will be an ideal response?
training personnel-one-time
initial programming and testing-one-time
system design-one-time
hardware costs-one-time
software maintenance costs-recurring
site preparation-one-time
rent for facilities-recurring
data conversion from old system to new system-one-time
insurance costs-recurring
installation of original equipment-one-time
hardware upgrades-recurring
PTS: 1
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