Which of the Following Statements Is True About Cloud Computing

question 17

Multiple Choice

Which of the following statements is true about cloud computing?

• A) It is yet to be adopted on a large scale as it is expensive.
• B) It enables multiple organizations to utilize the same computing infrastructure.
• C) It is the leasing out of a fixed amount of server time and resources.
• D) It has a negative impact on cloud vendors as they do not benefit from economies of scale.

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Definitions:

CEO Compensation

The payment and benefits package provided to a company's chief executive officer, including salary, bonuses, stock options, and other perks.

Stock Options

A benefit in the form of an option given by the company to an employee to buy stock in the company at a discount or at a stated fixed price.

Executive Perquisites

Additional benefits or privileges offered to executives or senior managers beyond their basic salary, which may include company cars, stock options, or country club memberships.

Stock Options

Stock options are financial instruments that give employees the right, but not the obligation, to buy company shares at a predetermined price within a specific time period, often used as part of employee compensation packages.