________ Is the Practice of Turning Over Responsibility of Some

question 38

Short Answer

________ is the practice of turning over responsibility of some to all of an organization's information systems applications and operations to an outside firm.

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Definitions:

Certificated Security

A security that is represented in physical, paper form rather than in electronic or digital form.

Security Entitlement

A legal right or interest that an individual has in a financial asset that is held by a securities intermediary.

Chattel Paper

A document or record that evidences both a monetary obligation and a security interest in or lease of specific goods.

Tangible

Refers to physical objects or assets that can be seen and touched.