Cloud Computing Refers to ________

question 85

Multiple Choice

Cloud computing refers to ________.

• A)a network of computers that operate as a single whole
• B)computer databases connected through an internet
• C)a computing network on the Internet
• D)a server farm without a grid network

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Definitions:

Accrued Revenues

Revenues that have been earned but not yet received in cash or recorded at the statement date, common in service-related transactions.

Adjusting Entry

An accounting entry made in the books at the end of an accounting period to allocate revenues and expenditures to the period in which they actually occurred.

Accrued Expenses

Expenses that have been incurred but not yet paid or recorded in the financial statements, representing future obligations.

Accrued Revenue

Revenue that has been earned but not yet received in cash or recorded by the accounting system.