There Are a Number of Advantages to Cloud Computing

question 19

Multiple Choice

There are a number of advantages to cloud computing.Which of the following is one of those advantages?

• A)As a company grows, it can easily purchase new capacity from the cloud provider.
• B)Once the software and data are stored in the cloud, it can be accessed by multiple devices from multiple locations.
• C)The company has a reduced need for servers and data storage.
• D)All of the above.

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Definitions:

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle, such as accounts payable and short-term loans.

Long-term Liabilities

Debts or obligations that are due to be paid or settled beyond one year or the normal operating cycle of a business.

Current Ratio

A financial metric used to evaluate a company's ability to pay short-term obligations with its short-term assets.

Current Assets

Short-term resources expected to be converted into cash within one year, including cash, inventory, and accounts receivable.