Called "On Demand" Computing, This Approach Requires an Organization to ____

question 51

Multiple Choice

Called "on demand" computing, this approach requires an organization to ____.

• A) pay the service provider periodically as requested by the provider
• B) use virtual computers
• C) request the service provider for services well in advance of needing them
• D) pay only for the computer power it uses, just as it would for a utility such as electricity

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Definitions:

Formal Presentation

A structured display or speech to convey information or ideas effectively to an audience, often in a professional setting.

Balance Sheet

A summarization capturing the value of assets, liabilities, and equity from shareholders of a company at an exact moment.

Income Statement

A financial statement that shows a company's revenues, expenses, and profit over a specific period.

Cost Principle

An accounting principle that requires assets, liabilities, equity, and expenses to be recorded at their original cost.