Technology Defined as Shared or Virtual Storage That Is Flexible

question 66

Multiple Choice

Technology defined as shared or virtual storage that is flexible and available anywhere, anytime and on any device is known as

• A) static elicitation.
• B) mainframe centric.
• C) cloud computing.
• D) fixed technology.
• E) multiple topologies.

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Definitions:

Future Costs

Expected or projected expenses that will be incurred in the future.

Cost-Volume-Profit Analysis

A management accounting method used to analyze how changes in costs and sales volume affect a company's profit.

Expected Income

This is the amount of revenue or profit an individual or business anticipates earning over a specific period, often used for budgeting and planning purposes.

Fixed Cost

Costs that do not vary with the volume of production or sales, such as rent, salaries, and insurance premiums, remaining constant regardless of business activity levels.