COGNITIVE ASSESSMENT Your Manager Has Asked You to Shift Usage

question 70

Multiple Choice

COGNITIVE ASSESSMENT Your manager has asked you to shift usage and consumption of technology resources from a local environment managed by in-house IT staff to the Internet. What kind of computing will allow you to accomplish her goal?

• A) disperse
• B) digital
• C) cloud
• D) liberated

---

Definitions:

Equity Offering

Refers to the process by which companies raise capital by issuing new shares of stock to investors.

Best Efforts Underwriting

An agreement in which an underwriter commits to do their best to sell as much of an offering as possible, but does not guarantee the sale of all the securities being offered.

Underwriting

The process by which an individual or institution takes on financial risk for a fee, such as issuing insurance policies or bringing a new security issue to the market.

Spread

The difference between two prices, rates, or yields, often measuring the gap between bid and ask prices or between interest rates.