IT Functions That Do Not Provide a Competitive Advantage,such as Computers,databases,and

question 57

Multiple Choice

IT functions that do not provide a competitive advantage,such as computers,databases,and network services are examples of ___________.

• A)commodities
• B)specialties
• C)niche functions
• D)apps

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Definitions:

Schedule K-1

A tax document used in the United States to report an individual's share of income, deductions, credits, etc., from partnerships, S corporations, or other pass-through entities.

Schedule E

A part of the IRS tax forms used for reporting income or loss from rental real estate, royalties, partnerships, S corporations, estates, trusts, and residual interests in REMICs.

Schedule A

A tax form used by American taxpayers to itemize deductions, such as medical and dental expenses, taxes paid, and interest.

Rental Income

Income received from leasing property to tenants, considered taxable income and must be reported to tax authorities.