In Case of Software as a Service (SaaS), Hardware and Both

question 66

True/False

In case of Software as a Service (SaaS), hardware and both operating system and application software are leased.

Learn about the reporting requirements for payroll taxes to government agencies.

Know how to compute both regular and overtime earnings for payroll.

Understand how payroll tax deposits are made based on collected taxes.

Understand the concept and characteristics of minority groups.

---

Definitions:

Spending Variance

The difference between the actual amount spent and the budgeted or planned amount for a particular period or category.

Net Operating Income

Net Operating Income is the total revenue from operations minus operating expenses, excluding taxes and interest. It highlights a company's operational efficiency.

Revenue And Spending Variances

The differences between budgeted and actual figures for revenue and expenditures, used in budgetary control and financial analysis.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity, often used to compare with actual results to assess performance.