Equi Technologies Offers Cloud Computing Services to Several Data Centers

question 80

Multiple Choice

Equi Technologies offers cloud computing services to several data centers around the world. It hosts services in the cloud, which can be accessed by clients through Equibrowse-a Web browser designed by Equi Technologies. In the context of cloud computing services, it is evident that Equi Technologies provides _____.

• A) infrastructure as a service
• B) platform as a service
• C) software as a service
• D) backend as a service

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Definitions:

Inventory Turnover

A ratio that measures how often a company sells and replaces its stock of goods within a certain period, indicating efficiency in inventory management.

Average Inventory

The average value of a company's inventory over a specific period, calculated by adding the beginning and ending inventory and dividing by two.

Ending Inventory

The total value of goods available for sale at the end of an accounting period, calculated before the next period's beginning.

Perpetual LIFO

A method of inventory valuation that continuously updates the inventory balance using the Last In, First Out (LIFO) principle.