Which Cloud Computing Model Offers Applications on a Pay-Per-Use Basis

question 4

Multiple Choice

Which cloud computing model offers applications on a pay-per-use basis?

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

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Definitions:

Financial Statements

Comprehensive reports created to communicate the financial performance, position, and cash flows of a business to external and internal stakeholders.

Adjusting Entries

Accounting records entries recorded at the conclusion of an accounting cycle to apportion revenues and expenditures to the time period they truly took place.

Adjusted Trial Balance

A financial statement listing all accounts and their balances after adjusting entries have been made, ensuring the total debits equal total credits.

Close Revenue

The process of transferring the balances of all revenue accounts to the income summary account at the end of an accounting period.