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________ Is a Form of Hardware/software Leasing in Which Organizations

question 25

Multiple Choice

________ is a form of hardware/software leasing in which organizations obtain server resources from vendors that specialize in server processing.


Definitions:

Straight-line Amortization

A method of evenly spreading the cost of an intangible asset over its useful life.

Interest Payment

The amount paid by a borrower to a lender for the use of borrowed money, typically expressed as an annual percentage.

Semiannual Interest

Interest calculated and paid twice a year, often related to bonds or loans with fixed interest rates.

Straight-line Method

A technique for computing depreciation or amortization that evenly divides the asset's cost over its expected lifespan.

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