An Important Advantage of Cloud Accounting Includes the Availability of Backup

question 27

True/False

An important advantage of cloud accounting includes the availability of backup services, multi-user access, but not upgrades to newer versions of the software.

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Definitions:

Internet of Things (IoT)

A network of physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, and connectivity, which enables these objects to connect and exchange data.

Intellectual Property Rights

Legal rights granted to creators and owners over the creations of their minds, including patents, copyrights, and trademarks.

Elected Official

A person who has been chosen through a formal voting process to hold a public office.

Copyright Office

The government agency responsible for registering copyrights, a form of protection given to the creators of original works of authorship.