COGNITIVE ASSESSMENT Your Business Is Looking to Rely on Cloud

question 142

Multiple Choice

COGNITIVE ASSESSMENT Your business is looking to rely on cloud computing services to create applications using web-based development platforms. What is the term for this?

• A) Infrastructure as a Service
• B) Software as a Service
• C) Data as a Service
• D) Platform as a Service

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Definitions:

Compound Interest Table

A table that shows the amount of compound interest that will be accrued on a principal amount over a period of time at various interest rates.

Salvage Value

The expected end-of-life value of an asset after its useful period has ended.

Acceptable Earnings Rate

The minimum rate of return on investment that a company or investor is willing to accept, considering the risk and opportunity cost of the investment.

Useful Life

The estimated period over which a fixed asset is expected to be usable by the business, impacting depreciation calculations.