"Cloud Computing" Is Different from Currently Available Technologies in All

question 63

Multiple Choice

"Cloud computing" is different from currently available technologies in all of the following aspects except:

• A)it is performed "in the cloud."
• B)applications are delivered through a Web browser.
• C)it is installed in the computer's hard drive.
• D)computer files can be accessed remotely.
• E)archives are stored on massive remote servers.

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Definitions:

Adjusted Trial Balance

A trial balance taken after adjusting entries have been made to ensure total debits equal total credits.

Closing Entries

Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to a permanent owner's equity account, preparing the accounts for the next period.

Adjusted Trial Balance

A record comprising all accounts with their respective balances, updated following adjustment entries, which serves as a foundation for creating financial reports.

Closing Entries

Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts in preparation for the next accounting period.