Discuss Saving Files to OneDrive, and Include Definitions of the Terms

question 5

Essay

Discuss saving files to OneDrive, and include definitions of the terms online collaboration and cloud computing in your response.

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Definitions:

Cash Collection Period

The average period of time between when a sale is made on credit and when the payment is received.

Bank Deposit

Funds placed into a banking institution for safekeeping, which can include savings accounts, checking accounts, and certificates of deposit.

Inventory Cycle

The process or time frame from when inventory is acquired to when it is sold, highlighting inventory management efficiency.

Financing Receivables

A type of financial activity where a company uses the money it is owed from customers (accounts receivable) as collateral for a loan.