The Practice of Turning Over Responsibility of Some to All

question 80

Multiple Choice

The practice of turning over responsibility of some to all of an organization's information systems applications and operations to an outside firm is referred to as:

• A)realignment
• B)downsizing
• C)outsourcing
• D)time sharing

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Definitions:

Shares

Ownership stakes in a company or financial asset that entail a proportional share in any distributed profits via dividends, should any be announced.

No-Par Common Stock

Common stock issued without a par value that has been assigned for its shares.

Stated Value

A value assigned to a corporation's stock for accounting purposes, which may bear no relation to the market value.

Shares

Units of ownership interest in a corporation or financial asset that provide a share in the corporation's profits and a claim on its assets.