Computing and Storage Services Offered by Various Companies Over the Internet,with

question 49

Multiple Choice

Computing and storage services offered by various companies over the internet,with either storage or processing performed remotely,are collectively known as ________.

• A)NoSQL databases
• B)remote databases
• C)cloud computing
• D)distributed computing

Understand transfer pricing mechanisms within a corporation.

Determine the minimum acceptable transfer price from the standpoint of a selling division.

Evaluate how transfer prices affect divisional and overall corporate financial performance.

Analyze the impact of sales to external customers versus internal divisions on contribution margin.

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Definitions:

Treasurer

An executive responsible for managing a company's investments, cash flow, financial planning, and related records.

Master Budget

A comprehensive financial planning document that consolidates all of a company's individual budgets relating to sales, cost of goods sold, operations, and capital expenditures into one overarching budget.

Sales Budget

A financial plan that estimates the expected sales revenue for a period, including units sold and revenue expected.

Cash Budget

A cash budget is a financial plan or forecast that outlines expected cash inflows and outflows over a specific period, helping businesses manage their cash flow.