Soundwave Communication Services has processed and archived a large amount of data on its servers. However, due to a technical fault in its servers,it was unable to access the information. It had to spend a large sum of money to regain access to the information. In this scenario, the cost borne by Soundwave Communication Services is an example of _____.
A) acquisition cost
B) processing cost
C) storage cost
D) retrieval cost

Question

Quizplus · Accepted Answer

The cost borne by Soundwave Communication Services is an example of retrieval cost as they had to spend money to regain access to the information that was previously stored but unavailable due to technical faults.

Soundwave Communication Services Has Processed and Archived a Large Amount