________ Refers to the Leasing of Hardware with Pre-Installed Operating

question 57

Multiple Choice

________ refers to the leasing of hardware with pre-installed operating systems.

• A) Software as a Service
• B) Outsourcing
• C) Platform as a Service
• D) IaaS cloud hosting

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Definitions:

Partnership Income

The share of earnings distributed to partners in a partnership business, typically based on the terms of the partnership agreement.

Personal Income

Personal income is the total earnings received by an individual, including wages, investments, and benefits, used to evaluate financial health.

Capital Expenditure

Resources utilized by an organization for the purpose of purchasing, improving, and preserving tangible assets like land, factories, or machinery.

Cash Flow

The sum of monetary movements into and from a business, critically defining its liquid cash assets.