_____ Refers to the Combination of Hardware, Software, and Services

question 80

Multiple Choice

_____ refers to the combination of hardware, software, and services that people use to manage, communicate, and share information.​

• A) Instructional technology
• B) Information technology
• C) Assistive technology
• D) Medical technology

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Definitions:

Leasing

Leasing is a financial agreement in which one party, the lessor, allows another party, the lessee, to use an asset for a specified period in exchange for periodic payments.

CCA Tax Shield

CCA Tax Shield refers to the reduction in income tax a business enjoys from being able to deduct the depreciation of tangible property over its useful life, under Canada's Capital Cost Allowance regulations.

Borrow Money

The act of obtaining funds from a lender under the agreement to pay back the principal amount along with interest or fees.

Tax Rate

The percentage at which an individual or corporation is taxed by the government.