While Cloud Computing Offers Many Benefits,companies Should Be Aware That

question 57

Multiple Choice

While cloud computing offers many benefits,companies should be aware that moving to cloud solutions on a wide scale will ____________.

• A)Require greater numbers of IT professionals to support the strategy.
• B)Create greater reliance on outside consultants or contract employees.
• C)Require a significant increase in training or re-training expenses.
• D)Require significant increases in network bandwidth.

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Definitions:

Issuance Price

The price at which a company's securities are made available for sale when they are first offered to the public.

Carrying Amount

The book value of an asset as recorded in an entity's financial statements, calculated as the original cost minus accumulated depreciation or amortization.

Bonds Issued

A financial instrument representing a loan made by an investor to a borrower, typically corporate or governmental, where the issuer commits to paying back the principal along with interest at a specified future date.

Straight-Line Method

A depreciation method that allocates an equal amount of the cost of an asset to each year of its useful life.