Location-Independent Computing in Which Shared Data Centers Deliver Hosted IT

question 11

Multiple Choice

Location-independent computing in which shared data centers deliver hosted IT services over the Internet.

• A) IT outsourcing
• B) Network administration
• C) Cloud computing
• D) Custom software

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Definitions:

Direct Material Cost

The expense of raw materials and components directly used in the production of a product.

Overhead Rate

A calculation used to allocate overhead costs to produced goods or services, often based on direct labor hours or machine hours.

Direct Labor Cost

The wages and related expenses for workers who are directly involved in the production of goods or services.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead costs to products, calculated before the period begins based on estimated overhead costs and activity levels.