________________ Computing Refers to Resources and Applications Hosted Remotely as a Shared

question 13

Short Answer

________________ computing refers to resources and applications hosted remotely as a shared service over the Internet.

---

Definitions:

Contribution Margin

The amount remaining from sales revenue after variable expenses have been deducted; a measure of profitability.

Total Cost of Goods Sold

The sum of all costs directly involved in producing or purchasing products sold by a company during a given period.

High-low Method

A technique used to estimate fixed and variable components of costs by analyzing the highest and lowest levels of activity.

Utilities Cost

The expenses incurred for utilities consumed by a business, such as electricity, water, and gas.