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Which of the Following Descriptions of Cloud Computing Is NOT

question 49

Multiple Choice

Which of the following descriptions of cloud computing is NOT true?


Definitions:

Open-End Credit Plan

A revolving line of credit that allows a borrower to make purchases or obtain loans up to a certain limit and repay part or all of the balance over time, with interest charges on the unpaid balance.

Credit Card Issuer

The financial institution or entity that provides a credit card to consumers, extending credit for purchases and cash advances.

FCRA

Stands for the Fair Credit Reporting Act, a federal law designed to ensure the accuracy, fairness, and privacy of information in consumer credit bureau files.

Criminal Penalties

Sanctions or punishments imposed by a court upon individuals or entities found guilty of committing a crime.

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