All of the costs associated with the design, development, testing, implementation, documentation, training and maintenance of a software system are collectively termed as:
A) total cost of ownership.
B) economies of scale.
C) economic value added.
D) return on investment.
E) cost to company.

Question

Quizplus · Accepted Answer

Total Cost of Ownership (TCO) encompasses all the costs associated with the lifecycle of a software system, including design, development, testing, implementation, documentation, training, and maintenance.

All of the Costs Associated with the Design, Development, Testing