Question

QUESTION 1 of 10: Many companies use cloud-based, automated accounting systems to implement the principles of T-accounts. A vendor

tries to sell you a subscription at $40 per user per month. You need 3 users to access the system. What will your annual cost be?
ОООО
a) $40
Ob) $120
C) $360
d) $1,440

Answer 1

D) $1,440
___________________
•Month to Annual means 1 to 12

•So 40 per month means 480 (40 x 12)

•Multiple that by each user.

•480 x 3 = 1440