Which of the Following Is an Advantage of In-House Hosting

question 29

Multiple Choice

Which of the following is an advantage of in-house hosting?

• A) It requires very small capital.
• B) It gives greater control over the location of data.
• C) It has the ability to adapt to growing or fluctuating demands.
• D) It eliminates the risk of obsolescence.

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Definitions:

Fair Value

The proceeds from selling an asset or the financial burden of a liability transfer in a civilized negotiation with market participants on the valuation date.

Functional Currency

The main currency used by a business or in an economy, often the domestic currency or the currency of the primary economic environment in which the entity operates.

Foreign Currency

Refers to currencies other than the domestic currency of a company, used in international trade and investment.

Liabilities

Financial obligations or debts owed by a company to others, which are expected to be paid or settled in the future.