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Which Type of Computing Refers to Firms Purchasing Computing Power

question 49

Multiple Choice

Which type of computing refers to firms purchasing computing power from remote providers and paying only for the computing power they use?

Understand the significance of health care legislation and regulatory acts.
Identify the role and impact of various health care provider organizations.
Understand the importance of quality improvement and consumer protection in health care.
Recognize the role of complementary and alternative therapies in the health care system.

Definitions:

FICA-OASDI

Federal Insurance Contributions Act - Old Age, Survivors And Disability Insurance, a U.S. payroll tax funding Social Security and Medicare.

Maximum Earnings Limit

The upper threshold of income that can be taxed for specific purposes, such as Social Security, beyond which no additional taxes are levied on income.

FICA Taxes

Federal taxes in the United States that fund Social Security and Medicare, required to be withheld from employees' paychecks and also paid by employers.

Allowances

Amounts set aside for adjustments or reductions in the value of accounts or inventories, often for potential bad debts or depreciation.

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