Global Networcks has processed and archived a large amount of data on its servers. Due to technical faults in its servers, it could not access the data. The company had to pay $300,000 to external technicians to regain access to its data. The cost incurred by Global Networcks is an example of _____.
A) acquisition cost
B) processing cost
C) storage cost
D) retrieval cost

Question

Quizplus · Accepted Answer

The cost incurred by Global Networcks to regain access to its data due to technical faults in its servers is an example of retrieval cost.

Global Networcks Has Processed and Archived a Large Amount of Data