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Kendra has received the list of requirements from the Finance department for a new application that is being developed. The application will be hosted on a cloud service provider, and she needs to ensure that she is able to guarantee that the application is up and running when they need it. Which of the following documents might she create to outline exactly what they are going to provide that will also help in determining the necessary infrastructure and timelines for performing backups?
Asset
Resources owned by a company from which future economic benefits are expected to flow to the entity.
Recorded
The process of documenting financial transactions in accounting records.
Debit
A financial transaction that causes a rise in the assets or a fall in the liabilities of a corporation's balance sheet.
Accounting Transactions
Economic events that require recording in the financial statements because they affect the assets, liabilities, or equity of a company.
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