Which of the Following Statements Is True About Cloud Computing

question 83

Multiple Choice

Which of the following statements is true about cloud computing?

• A) It is yet to be adopted on a large scale as it is expensive.
• B) It enables many different organizations to use the same physical hardware
• C) It is the leasing out of a fixed amount of server time and resources.
• D) It has a negative impact on cloud vendors as they do not benefit from economies of scale.

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Definitions:

Payee

The person or entity to whom a payment is directed or made, typically referred to in financial transactions.

Commercial Paper

Unsecured promissory notes with a fixed maturity of usually less than 270 days, used extensively in the financing of business operations.

UCC

The Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, including sales, leases, negotiable instruments, and secured transactions.

Confession of Judgment

An agreement where a debtor allows a creditor to obtain a judgment against them without a trial.