A Cloud-Based Enterprise System Allows IT to Focus on _____

question 99

Multiple Choice

A cloud-based enterprise system allows IT to focus on _____.

• A)innovation and growing the business
• B)constant server updates and other computing issues
• C)hardware requirements
• D)software updates

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Definitions:

Retained Earnings

The segment of net profits that are not distributed as dividends, instead kept within the company for reinvestment in its main operations or for debt repayment.

Current Asset

A slightly different term for assets likely to be used or turned into cash within one fiscal year or operating cycle, emphasizing liquidity.

Land

An asset representing the earth's surface that a company owns, used for operations, development, or investment.

Liquidity

The ease with which an asset can be converted into cash without significantly affecting its price, reflecting a company's ability to meet short-term obligations.