Cloud Computing Solutions Are Growing in Popularity with Organizations Because

question 6

True/False

Cloud computing solutions are growing in popularity with organizations because they reduce the burden of deploying,provisioning,and updating software apps.

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Definitions:

Straight-Line Method

A method of allocating an asset's cost evenly throughout its useful life for purposes of depreciation.

Salvage Value

The expected resale price of an asset at the termination of its functional life.

Depreciation Rate

The percentage rate at which an asset loses its value over time, typically used for accounting or tax purposes.

Monthly Depreciation

The apportionment of the cost of an asset over its useful life on a monthly basis.