COGNITIVE ASSESSMENT You Own a Third-Party Business That Provides Networking

question 121

Multiple Choice

COGNITIVE ASSESSMENT You own a third-party business that provides networking services such as EDI, secure data and information transfer, storage, and email. Into what category of business does this business fall?

• A) EAN
• B) NIC
• C) CIN
• D) VAN

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Definitions:

Significant Policy Decisions

Major determinations made by organizations or governments that significantly influence their strategic direction and operations.

Appointing Officers

The act of designating individuals to hold specific positions or offices within an organization or institution.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often with dividends that are paid out before those of common stockholders.

Dividends

Payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders.