Application software maintenance, new software and hardware leases, and incremental communications are examples of:
A) recurring costs.
B) one-time costs.
C) incremental costs.
D) frequent costs.
E) consumable costs.
A
Explanation: A) A recurring cost refers to a cost resulting from the ongoing evolution and use of the system.
CL
Business
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When Modigliani and Miller revised their original model to include taxes, they concluded that
A) firms should reduce their degree of financial leverage. B) tax avoidance does not alter a firm's value. C) tax increases lower a firm's value. D) firms should use only debt in their capital structure. E) taxes also have no bearing on the capital structure decision.
Business
An annuity is a stream of equal payments
Indicate whether the statement is true or false
Business