Identify a True Statement About Cloud Computing

question 33

Multiple Choice

Identify a true statement about cloud computing.

• A) It encourages collaboration among employees and business partners.
• B) It drastically reduces the processing speed of computers.
• C) It subjects a user's computer to an intruder attack.
• D) It allows users to access their data from any computer without an Internet connection.

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Definitions:

Working Capital

The difference between a company's current assets and current liabilities, representing its short-term liquidity and operational efficiency.

Chief Executive Officer

The highest-ranking executive in a company, responsible for making major corporate decisions, managing operations, and communicating with the board of directors.

Treasurer

An executive role in a company or organization, responsible for managing the institution's treasury and overseeing its financial and investment strategies.

Controller

A chief accounting officer of a company, responsible for overseeing all accounting operations including financial reporting and budgeting.