A Benefit That Cloud Computing Provides to Individual Users Is

question 118

Multiple Choice

A benefit that cloud computing provides to individual users is that it:

• A) allows them to access their data from any computer without an Internet connection.
• B) eliminates the threat of unauthorized access.
• C) helps them analyze and process complex data without professional help.
• D) allows them to store large files without taking up valuable space on their computers' hard drive.

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Definitions:

Sale of Stock

This refers to the process of selling shares of a company to investors; this can be done via public offerings or through private sales.

Tax Avoidance

Tax avoidance involves legally exploiting the tax system to reduce tax liabilities, such as through deductions and credits, as opposed to tax evasion, which is illegal.

Tax Loss

Tax loss refers to a situation where business expenses exceed its incomes, which can be used to offset other taxable income.

Economies of Scale

Cost advantages a business obtains due to expansion, characteristically causing a decrease in fixed costs per unit of production.