Carolina Financial Services Is Considering the Purchase and Installation of an Expensive

question 125

Multiple Choice

Carolina Financial Services is considering the purchase and installation of an expensive computer network. This is the type of expenditure that would be included in a(n) :

• A) capital budget.
• B) cash budget.
• C) operating budget.
• D) asset budget.

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Definitions:

Network Attached Storage

A dedicated file storage device connected to a network, allowing multiple users and client devices to retrieve data from centralized disk capacity.

Automatically Backup

Automatically backup refers to the process of copying data to a secondary location without manual intervention, ensuring data preservation in case of device failure or data loss.

Data Backup

The process of creating a copy of data to protect against accidental loss or corruption.

Home Network Server

A device designed to store media, share media across the network, and back up files on computers connected to a home network.