Which of the following is a cost of downtime in addition to lost revenue?
A) Legal expenses
B) Loss in financial performance
C) Damage to reputation
D) All of the answers are correct

Question

Quizplus · Accepted Answer

All of the provided options are correct as they all represent a cost incurred during downtime. Legal expenses may be incurred if customers sue the company for not providing services, loss in financial performance can lead to a drop in profits or even bankruptcy, and damage to reputation may lead to loss of customers or difficulty in hiring new employees.

Which of the Following Is a Cost of Downtime in Addition