________ Is the Practice of Turning Over Responsibility of Some

question 38

Short Answer

________ is the practice of turning over responsibility of some to all of an organization's information systems applications and operations to an outside firm.

---

Definitions:

Publicly Traded Companies

Companies whose shares are traded openly on stock exchanges, allowing investors to buy and sell shares.

Operating Segment

A component of an enterprise that engages in business activities from which it may earn revenues and incur expenses, including revenues and expenses related to transactions with other components of the same enterprise.

U.S. GAAP

Generally Accepted Accounting Principles in the United States, a framework of accounting standards, principles, and procedures.

Disclosed

The act of making information known or revealed, often in a financial context.