Software as a Service (SaaS) Is Hosted Online Applications

question 18

True/False

Software as a Service (SaaS) is hosted online applications.

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Definitions:

Inventory

A company's stock of the products available for sale to customers, as well as raw materials and work-in-progress that will eventually become finished goods.

Accounts Receivable

Funds that are due to a business from its clients for goods or services already provided but not yet compensated for.

Liquidity Crisis

A situation where an entity lacks the liquidity necessary to meet its short-term obligations, potentially leading to insolvency.