Examlex
Fictional Corp is in the process of migrating applications and data from their on-premises physical servers to a cloud service provider. They have migrated the application code successfully, but now must move the underlying database servers. Which of the following might be the biggest concern with migrating the database servers?
Current Assets
Short-term assets that are expected to be converted into cash, sold, or consumed within one year or within the business's operating cycle, whichever is longer.
Operating Cycle
The average period of time between the purchase of goods or services and the receipt of cash from sales, typical in the context of a company's day-to-day operations.
APB Opinion No.22
A guideline issued by the Accounting Principles Board that requires companies to disclose their accounting policies in their financial statements.
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