Accel Techs, an information technology firm, recently invested $50 million to construct a data center to keep all its data securely. In this scenario, the cost incurred by Accel Techs is an example of _____.
A) acquisition cost
B) storage cost
C) processing cost
D) retrieval cost

Question

Quizplus · Accepted Answer

The cost incurred by Accel Techs for constructing a data center to store its data securely is an example of storage cost.

Accel Techs, an Information Technology Firm, Recently Invested $50 Million