Final answer:
Backing up and storing electronic files can incur costs based on factors such as storage needed, type of solution chosen, and duration of storage.
Step-by-step explanation:
Backing up and storing electronic files can be costly, especially if a large amount of data needs to be stored or if a company uses a cloud storage service. The cost can depend on various factors, such as the amount of storage needed, the type of storage solution chosen, and the duration for which the files need to be stored.
For example, if a company chooses to use a cloud storage service, they may have to pay a monthly or yearly fee based on the amount of storage space required. Alternatively, if a company decides to set up their own backup and storage infrastructure, they would need to invest in the necessary hardware, such as servers and storage devices, as well as incur maintenance and operational costs.
Overall, the cost of backing up and storing electronic files can vary depending on the specific requirements and choices made by an individual or organization.
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