While Cloud Computing Offers Many Benefits,companies Should Be Aware That

question 57

Multiple Choice

While cloud computing offers many benefits,companies should be aware that moving to cloud solutions on a wide scale will ____________.

• A)Require greater numbers of IT professionals to support the strategy.
• B)Create greater reliance on outside consultants or contract employees.
• C)Require a significant increase in training or re-training expenses.
• D)Require significant increases in network bandwidth.

---

Definitions:

Interest Paid

The total amount paid by a borrower to lenders as a charge for borrowing money, typically expressed as an annual percentage of the loan principal.

Cash Flows

Cash flows refer to the total amount of money being transferred into and out of a business, especially as affecting liquidity.

Financing Activities

Transactions and events where cash is raised or repaid to investors and creditors, such as issuing shares or borrowing loans.

Interest Expense

The cost incurred by an entity for borrowed funds over a period of time.