The Cost of Cloud Computing Is Normally Related to a Period

question 49

True/False

The cost of cloud computing is normally related to a period of time, and not to the use of the service.

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Definitions:

Insurance Pension Plans

Retirement plans that combine the benefits of insurance and savings, providing income after retirement through periodic premiums paid during a worker’s employment.

Salaries And Wages Payable

A liability account that represents the amounts owed to employees for work performed but not yet paid.

Medical Insurance Deductions

Amounts subtracted from an employee's gross pay for health insurance premiums, often part of an employer-sponsored health plan.

Federal Unemployment Taxes

Taxes imposed on employers to fund unemployment benefits, administered at the federal level.