Expense Category
Software
What expense category does MongoDB fall under?
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Answer

MongoDB falls under the 'Software' expense category, specifically in the 'Database Management Software' subcategory.

Role of the Expense in Business

MongoDB is a database program used for managing and storing data, particularly in applications requiring scalability and flexibility, crucial for businesses dealing with large data sets and complex applications.

Practical Example

A tech company using MongoDB for its high-volume data storage and management would categorize these expenses under 'Database Management Software'.

Specialized Expense

In scenarios where MongoDB is used for small-scale or personal projects, it might be categorized under 'General Database Tools'.

Conclusion

MongoDB's role in data management and storage categorizes it within the 'Software' expense category, specifically for database management.

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As we scale we need tools that are built to scale with us - we need to see expenses real time, we need to see duplicate spend. These types of insights are important to the health of our business.
Steve Padis, SVP Finance & Strategy, Barry's
The information provided in this article does not constitute legal or financial advice and is for general informational purposes only. Please check with an attorney or financial advisor to obtain advice with respect to the content of this article.

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