A Benefit That Cloud Computing Provides to Individual Users Is

question 55

Multiple Choice

A benefit that cloud computing provides to individual users is that:

• A)it allows them to access their data from any computer without an Internet connection.
• B)it eliminates the threat of unauthorized access.
• C)it helps them analyze and process complex data without professional help.
• D)it allows them to store large files without taking up valuable space on their computers' hard drive.

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Definitions:

Money Market Securities

Short-term debt instruments, commonly including treasury bills, commercial paper, and certificates of deposit, known for their liquidity and low-risk profile.

Lockbox System

A banking service offered to businesses for collecting payments from clients, using a dedicated post office box to accelerate the process of gathering checks.

Treasury Bills

Short-term government securities with maturity periods typically less than a year, considered very safe investments.

Target Cash Balance

An optimal amount of cash that a company aims to hold to minimize costs while avoiding liquidity issues.