Match the Term with Its Definition

question 95

Multiple Choice

Match the term with its definition.
-A type of corporation that offers limited liability to its owners and passes taxable income or losses on to the stockholders

• A)advisory board
• B)B corporation
• C)C corporation
• D)corporate charter
• E)joint and several liability
• F)partnership
• G)professional corporation
• H)S corporation (Subchapter S corporation)
• I)unlimited liability

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Definitions:

Constraints

Restrictions or limitations that affect the course of a project or plan.

IS Environment

The collection of hardware, software, network, and data resources that provide the infrastructure for an organization's information system.

IT Strategic Plan

A comprehensive outline that directs an organization’s IT endeavors, aligning technology initiatives with business goals and objectives for future growth and efficiency.

IS Development Resources

Refers to the materials, tools, and personnel required for the development, implementation, and maintenance of information systems.