Which of the Following Is a Characteristic of Cloud-Based Hosting

question 14

Multiple Choice

Which of the following is a characteristic of cloud-based hosting?

• A) unknown cost structure
• B) full control of data location
• C) no obsolesce
• D) in-depth visibility of security

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Definitions:

Labor Rate Variance

The difference between the actual labor costs incurred and the standard labor costs expected for the work performed.

Labor Efficiency Variance

A metric used to measure the difference between the actual labor hours worked and the standard labor hours allowed for the production achieved.

Labor Standards

Predetermined measures of the amount of labor time necessary for the completion of a task or project.

Variable Overhead

Costs that vary with the level of production or sales, such as utilities or commissions, but not directly tied to specific units.