The total cost of ownership (TCO) includes only the direct or up-front costs and ongoing expenditures.

Question

Quizplus · Accepted Answer

The total cost of ownership (TCO) includes not only direct or up-front costs and ongoing expenditures but also indirect costs such as maintenance, replacement, training, and support. It takes into account the entire lifecycle of a product or service, including the initial purchase, deployment, usage, and retirement.

The Total Cost of Ownership (TCO) Includes Only the Direct