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


C

Business

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Joshua desires to purchase an annuity on January 1, 2014, that yields him five annual cash flows of $10,000 each, with the first cash flow to be received on January 1, 2017. The interest rate is 10% compounded annually. The cost (present value) of the annuity on January 1, 2014, is

A) $31,328.81. B) $34,461.70. C) $37,907.87. D) $48,684.19.

Business

The exclusive right to sell a computer program is called a copyright

Indicate whether the statement is true or false

Business

On December 31 . 2014, Ohio Corporation appropriately changed its inventory valuation method to FIFO cost from LIFO cost for both financial statement and income tax purposes. The change will result in a $140,000 increase in the beginning inventory at January 1 . 2014 . Assume a 30 percent income tax rate. The cumulative effect of this accounting change Ohio for the year ended December 31 . 2014,

is a. $0. b. $42,000. c. $98,000. d. $140,000.

Business

Which candidate would most likely have a résumé that is longer than one page?

A) A candidate with fewer than ten years of experience B) A person with one or two previous employers C) A person making a major career change D) A senior-level manager with many major accomplishments

Business