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1 vote
Leasing software is OpEx.
a) TRUE
b) FALSE

User Sandrene
by
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1 Answer

4 votes

Final answer:

Leasing software is considered to be an Operating Expense (OpEx). It involves regular payments for the use of software instead of purchasing it outright.

Step-by-step explanation:

Leasing software is considered to be an Operating Expense (OpEx). OpEx refers to the ongoing costs that a business incurs to operate and maintain its day-to-day activities. Leasing software falls under OpEx as it involves regular payments for the use of software instead of purchasing it outright. This allows businesses to have access to the latest software without a large upfront investment.

User Alir Kahi
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8.1k points

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