Which of the Following Terms Is Most Likely to Refer

question 43

Multiple Choice

Which of the following terms is most likely to refer to a situation in which an application is not saved on your computer but is hosted by the software company and is available on the Internet, often for a monthly fee?

• A) parallel computing
• B) peer-to-peer computing
• C) mainframe computing
• D) software as a service
• E) grid computing

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Definitions:

Income Level

The term income level refers to the amount of money earned by an individual, household, or economic entity within a specific period, often categorized for statistical analysis.

Large Denomination

Refers to currency or financial instruments that are issued in large values, typically used in major transactions or as a store of value.

Time Deposit

A deposit in a financial institution that requires notice of withdrawal or must be left for some fixed period of time.

Junk Bonds

High-risk, high-yield bonds issued by companies with lower credit ratings, reflecting a greater risk of default but offering higher returns to compensate investors.