Examlex
Which statement correctly describes cloud computing?
Accounting Profit
The difference between total revenue and total expenses when both are measured in accordance with generally accepted accounting principles.
Savings Account
A deposit account held at a financial institution that provides principal security and a modest interest rate.
Annual Interest
The amount of interest due over the course of a year on a loan, deposit, or investment, typically expressed as a percentage of the principal.
Economic Cost
The total cost of choosing one action over another, including both the explicit financial cost and the opportunity cost.
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