Cloud Computing Is a Type of Distributed Computing

question 44

True/False

Cloud computing is a type of distributed computing.

Calculate contribution to overhead and profitability ratios.

Comprehend information useful for evaluating the profitability or cost-effectiveness of departmental activities.

Allocate indirect expenses across departments based on various drivers (floor space, ad spots, sales).

Understand responsibility accounting and the creation of performance reports for department managers.

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Definitions:

Outlays

Expenses incurred or amount spent for a particular purpose.

Federal Government Budget Surplus

Occurs when a government's income exceeds its spending during a fiscal year.

Aggregate Demand

The aggregate need for products and services throughout an economy, specified at a consistent price level and during a certain time.

National Saving

The total saving in an economy, consisting of both private savings by households and businesses, and public savings by the government.