The Use of an Application to Access and Interact with Software

question 73

Multiple Choice

The use of an application to access and interact with software from any computer or device that is connected to the Internet is sometimes called ____ computing.

• A) cloud
• B) remote
• C) locational
• D) connected

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Definitions:

Sales

Revenues earned by a company from the sale of goods or services before any expenses are deducted.

Accounts Payable

Short-term liabilities representing amounts owed by a business to suppliers or creditors for goods and services received.

Cost of Goods Sold

The immediate expenses related to manufacturing the products a company sells, such as materials and labor.

Inventory

A company's stock of goods or materials, held for sale or production.