Using a Cloud-Based Enterprise System, Organizations Can Store _____ Data

question 130

Multiple Choice

Using a cloud-based enterprise system, organizations can store _____ data as they can on a private computer system .

• A)less
• B)more
• C)identical
• D)complementary

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Definitions:

Double-Declining-Balance Method

An accelerated depreciation technique that depreciates assets faster than traditional straight-line depreciation.

Straight-Line Depreciation

Method that allocates the depreciable cost of an asset in equal periodic amounts over its useful life

Book Value

The net value of a company's assets as found on its balance sheet, calculated by subtracting total liabilities from total assets.

Depreciable Asset

An asset that loses value over time due to wear and tear or obsolescence, and its cost is allocated over its useful life through depreciation.