COGNITIVE ASSESSMENT What Is the Term for the Practice of an Organization

question 128

Multiple Choice

COGNITIVE ASSESSMENT What is the term for the practice of an organization not using its own IT personnel to develop custom software?

• A) outhousing
• B) external servicing
• C) outsourcing
• D) remote programming

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Definitions:

Financial Information

Data regarding the financial operations, status, and health of an entity, including statements, transactions, and performance metrics.

Days' Sales in Inventory

A financial measure indicating the average number of days a company takes to turn its inventory into sales.

Financial Information

Data that illustrates the financial health and performance of a business, including balance sheets, income statements, and cash flow statements.

Financial Information

Data relating to the financial performance, position, and cash flows of a business, which is used by stakeholders to make economic decisions.