___________ Encompasses Any Subscription-Based or Pay-Per-Use Service That Extends an Organization's

question 36

Multiple Choice

___________ encompasses any subscription-based or pay-per-use service that extends an organization's existing IT capabilities over the Internet in real time.

• A)Cloud computing
• B)ISP
• C)DDP
• D)Client / server architecture

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Definitions:

Net Income

The net income of a business once all costs and taxes are subtracted from its revenues.

Transactions

Economic events that require recording in the financial statements because they affect assets, liabilities, or equity.

Common Stock

A type of equity security representing ownership in a corporation, entitling holders to vote on corporate matters and receive dividends.

Dividends

Financial distributions made to shareholders by a company, often as a portion of its earnings.