Databases Are Used for Operational Processing and for Analytical Purposes

question 81

True/False

Databases are used for operational processing and for analytical purposes.

Understand the impact of cloud computing on organizational agility and productivity.

Understand the historical development and stages of modern IT infrastructure.

Identify and explain the core concepts of cloud computing.

Describe the different cloud service models (IaaS, PaaS, SaaS).

---

Definitions:

Marginal Product

The additional output resulting from using one more unit of a given input, holding all other inputs constant.

Total Cost Curve

Represents the total economic cost of production, which is the sum of fixed and variable costs at different levels of output.

Accountants

Professionals who perform accounting functions such as audits, financial statement analysis, and advisories on financial transactions and tax strategies.

Opportunity Costs

The value of the next best alternative foregone as the result of making a decision.