All of the Following Are Disadvantages to a Cloud-Based System

question 48

Multiple Choice

All of the following are disadvantages to a cloud-based system except:

• A)Fewer manual controls over reporting transactions
• B)Fewer IT employees would be needed to maintain the system
• C)Increased risk of fraudulent activities
• D)The system relies heavily on the functionality of the host server

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Definitions:

After-Tax Proceeds

The amount of money that remains after all taxes have been deducted from the gross proceeds of a transaction.

Marginal Tax Rate

The rate of tax applied to the next dollar of income, indicating how much of an additional dollar earned will be taken in taxes.

Professional Attire

The clothing that meets the formal or semi-formal dress code standards of a workplace or profession.