Technology projects are often expensive. There are several ways in which a state or local government can finance the purchase of a technology project. Among them are:
A) Bond Issue or other long-term borrowing
B) Budgeting a small amount each year until enough is saved for the purchase
C) both A and B
D) neither A nor B

Question

Quizplus · Accepted Answer

Both bond issues or other forms of long-term borrowing and budgeting a small amount each year until enough is saved are common methods for financing expensive technology projects by state or local governments.

Technology Projects Are Often Expensive