Firms that adopt software as a service actually buy a system's software and ware, so these systems become a fixed operating expense.

Name: Firms that adopt software as a service actually buy a system's software and ware, so these systems become a fixed operating expense.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Firms that adopt Software as a Service (SaaS) do not buy the system's software and hardware; instead, they subscribe to it, typically on a monthly or annual basis, making it a variable expense rather than a fixed operating expense.

Firms That Adopt Software as a Service Actually Buy a System's