List and describe four services that comprise IT infrastructure, beyond physical devices and software applications

What will be an ideal response?

The service components of IT infrastructure include:
Telecommunications services that provide data, voice, and video connectivity.
Data management services to store, manage, and analyze data.
Application software services that provide enterprise-wide capabilities.
Physical facilities management services, to develop and manage physical installations of technology.
IT standards services that establish and monitor the firm's policies.
IT education services that provide training in use of the systems.
IT research and development services that research potential projects, products, and investments.

Business

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Houlihan, Inc purchased a van on January 1, 2016, for $800,000

Estimated life of the van was five years, and its estimated residual value was $90,000. Houlihan uses the straight-line method of depreciation. Give the journal entry to record the depreciation expense for 2016 on the van. What will be an ideal response

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The forgoing of possible benefits is measured through _____

a. zero-based budgeting b. top-down budgeting c. opportunity costs d. bottom-up budgeting

Business