Cloud Computing ________

question 53

Multiple Choice

Cloud computing ________.

• A)leaves no permanent record of transactions
• B)is the storage of data and services in a central location that is accessible via the Internet
• C)is software and processing that is provided at a central location and that is accessible via the Internet
• D)is software and processing that is dispersed amongst many servers in many locations
• E)is data and services that are stored for short periods of time and are deleted after use

---

Definitions:

Uses of Cash

Refers to the various ways a business or individual utilizes cash, including operating expenses, investment activities, and financing activities.

Common-size Statement

A financial statement in which each line item is expressed as a percentage of a significant total, facilitating comparison with other companies or periods.

Percentage of Sales

A financial ratio that compares a company’s various expenses, investments, or profits as a percentage of total sales.

Greatest Use of Funds

The most efficient or impactful way in which an organization chooses to allocate and use its financial resources.