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Software as a Service (SaaS)apps Are Typically Accessed Over a Network

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True/False

Software as a service (SaaS)apps are typically accessed over a network using a Web browser (no hardware or software to install)and paid for by a fixed subscription fee or on a per-use basis.


Definitions:

Present System

The current set of methods, processes, or mechanisms in place within an organization or system.

Simple Rate

Simple Rate often refers to a straightforward percentage or rate applied in calculations without complications such as tiering or compounding.

New Machine

Refers to the acquisition of a new piece of equipment or machinery intended to increase productivity or efficiency in a manufacturing or operational process.

Payback Period

The amount of time it takes for an investment to generate an amount of income or cash equivalent to the cost of the investment.

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