Which Characteristic Specifies That Organizations Have to Carefully Evaluate to What

question 70

Multiple Choice

Which characteristic specifies that organizations have to carefully evaluate to what extent the provider will be able to meet current and future business needs in terms of data storage,transaction volumes,and so on?

• A)Scalability
• B)Reliability
• C)Viability
• D)Diversity of Offerings

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Definitions:

Trial Balance

An accounting report that lists the balances of all ledgers in two columns, debits and credits, ensuring that total debits equal total credits.

Debit Balances

Accounts with a balance that represents amounts owed or expenses; typically assets and expenses accounts.

Financial Statement Order

The sequence in which financial statements are prepared and presented, typically starting with the income statement, followed by the statement of financial position, and so on.

Financial Ratios

Quantitative measures derived from financial statement analysis to evaluate the financial health of a company.