IT Outsourcing Is

question 36

Multiple Choice

IT outsourcing is:

• A) a way to lower IT costs.
• B) a way for IT groups to focus on their core strengths.
• C) a way for IT to acquire expertise.
• D) often part of a much larger IT strategy.
• E) All the above

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Definitions:

Assets

Resources owned by a business that have economic value and can be used to meet debts or generate income.

Fiscal Year

A twelve-month period used for calculating annual financial statements in businesses and other organizations, which may or may not align with the calendar year.

Natural Business Year

A fiscal year that ends when business activities have reached the lowest point in an annual operating cycle.

Assets

Resources owned by a company from which future economic benefits are expected to flow to the entity.