Soundwave Communication Services has processed and archived a large amount of data on its servers.Due to a technical fault in its servers, it could not access the data.The company had to pay $3 million to technicians to regain access to the data.This is an example of _____ costs.
A) acquisition cost
B) processing cost
C) storage cost
D) retrieval cost

Question

Soundwave Communication Services has processed and archived a large amount of data on its servers.Due to a technical fault in its servers, it could not access the data.The company had to pay $3 million to technicians to regain access to the data.This is an example of _____ costs.
A) ​acquisition cost 
B) ​processing cost 
C) ​storage cost 
D) ​retrieval cost

Quizplus · Accepted Answer

The company had to pay to regain access to the data, which refers to the cost of retrieval.

Soundwave Communication Services Has Processed and Archived a Large Amount