_____ Computing Is the Provision of IT Services on Demand

question 8

Multiple Choice

_____ computing is the provision of IT services on demand.

• A)Utility
• B)Grid
• C)Mobile
• D)Portable

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Definitions:

Pro Forma

Financial statements or projections based on hypothetical scenarios or assumptions to forecast future financial performance.

Capital Expenditures

The costs of acquiring fixed assets, adding to a fixed asset, improving a fixed asset, or extending a fixed asset’s useful life.

Fixed Assets

Long-term tangible assets held for business use and not expected to be converted to cash in the current or upcoming fiscal year, such as buildings, machinery, and land.

Capital Expenditures Budget

A financial plan dedicated to the projected spending on long-term assets that will deliver value in the future.