Examlex
Which of the following statements is CORRECT?
Utility Computing
A service provisioning model in which computing resources are provided and billed like traditional utilities such as electricity.
Variable Rate
An interest rate that can change over the duration of a loan, typically based on underlying benchmarks or indexes affecting the cost of lending.
LANs
Local Area Networks, a computer network that interconnects computers within a limited area such as a residence, school, or office building.
On-demand Self-service
On-demand self-service refers to the provision of services, resources, or information that can be accessed by users autonomously and immediately when needed, typically over the internet.
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