Joe Works for a Company Where the IT Department Charges

question 63

Multiple Choice

Joe works for a company where the IT department charges him for the number of CRM login accounts that are in his department. What type of IT funding model is his company deploying?

• A) Allocation
• B) Corporate budgeting
• C) Usage
• D) TCO
• E) Chargeback

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Definitions:

Declares a Dividend

When a company's board of directors announces the payment of a dividend, distributing a portion of earnings to shareholders.

Corporate Debt

Financial obligations owed by a corporation, typically arising from bonds or loans used to finance the company's operations.

LLC

A Limited Liability Company is a business structure in the United States that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.

Management Rights

The legal and contractual powers that empower an employer to control and direct their workforce and operations.