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COGNITIVE ASSESSMENT What Is the Practice of Sharing or Pooling

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COGNITIVE ASSESSMENT What is the practice of sharing or pooling computer resources, such as servers and storage devices?


Definitions:

Variable Costs

Expenses that vary in relation to the amount of production or business operations.

Cost Concepts

The principles and classifications used to determine the costs of products, services, and activities, enabling businesses to analyze profitability.

Service Companies

Service companies are businesses that provide intangible products or services to consumers or other businesses instead of selling physical goods.

Reimbursable Expenses

Costs that an employee or business incurs on behalf of a client or company, which are expected to be refunded.

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