There Are Three Main Ways to Handle Funding for IT

question 45

True/False

There are three main ways to handle funding for IT, including chargeback to users, allocation of costs to users, and providing IT services from a corporate budget.

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Definitions:

Impliedly Promises

refers to commitments or guarantees that are not explicitly stated but are inferred from actions, circumstances, or the nature of an agreement.

Indorser

A person or entity that transfers rights of a negotiable instrument to another party by signing the back of the document.

Instrument

An instrument is a tool or device, especially one used for precise work or scientific measurement.

Alternative

Another option or choice available to parties in a situation, often considered when the primary option is not feasible or desirable.