Between 50 and 90 percent of a firm's IT budget is spent on:
A) operations costs.
B) capital costs.
C) strategic investments.
D) staffing costs.
E) application development costs.

Question

Quizplus · Accepted Answer

Operations costs typically include expenses related to maintaining and supporting the current IT infrastructure, such as hardware maintenance, software licensing and support, and salaries of IT staff responsible for day-to-day operations. These costs are necessary to keep the business running smoothly and therefore can account for a significant portion of the IT budget, often ranging from 50 to 90 percent.

Between 50 and 90 Percent of a Firm's IT Budget