For Security and Compliance Reasons,HRISs Cannot Be Moved to the Cloud

question 99

True/False

For security and compliance reasons,HRISs cannot be moved to the cloud and HR apps cannot be leased in SaaS arrangements.

---

Definitions:

Inflation Rate

Over time, the increment in the price level percentage for goods and services in an economy.

Tax Rate

The proportion of income that is required to be paid as tax by a person or a company.

Real Interest Rate

The real interest rate is the interest rate adjusted for inflation, representing the true cost of borrowing and the true yield for savers.

Nominal Return

The rate of return on an investment without adjusting for inflation.