Organizations Using ________ Computing Generally Do Not Own the Infrastructure,they

question 39

Short Answer

Organizations using ________ computing generally do not own the infrastructure,they do not have to make large investments in their own hardware and software.

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Definitions:

Financial Management

The strategic planning, organizing, directing, and controlling of financial undertakings in an organization or an institution; it also includes applying management principles to the financial assets of an organization.

Third-Party

An entity or individual not directly involved in a transaction or agreement but who may be affected by it or have an interest in it.

Honoring Checks

The act of accepting a check as payment and processing it as directed by the terms written on the check.

Drawer-Depositor

An individual or entity that has the authority to write and deposit checks within a banking relationship.