Examlex

Solved

Distributed Grids Tap into Thousands of PCs and Macs with Internet

question 131

True/False

Distributed grids tap into thousands of PCs and Macs with Internet connections whose owners rent their computer's idle hours to a grid processing task._________________________


Definitions:

S-Type Corporations

A special designation that allows profits to be passed directly to shareholders without being subjected to corporate income taxes, but with limitations on number and type of shareholders.

Double Taxation

A situation in which the same income is taxed twice; this commonly applies to corporate income taxed at both the company level and again when distributed to shareholders as dividends.

Treasurer

An officer of a company or organization responsible for managing financial risks, investments, and treasury operations.

Expected Profit

The forecasted gain or loss from a business venture or investment, calculated by multiplying the potential outcomes by their probabilities.

Related Questions