Cloud-Based E-Discovery Rather Than On-Premise Software Can Result in

question 29

Multiple Choice

Cloud-based e-discovery rather than on-premise software can result in

• A) lower costs.
• B) unpredictable "spikes" in expenses.
• C) more time required for training.
• D) less flexibility.

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Definitions:

Key Components

Essential parts or elements that make up a larger system or process.

Acid-Test Ratio

A liquidity ratio that measures a company's ability to pay off its current liabilities with quick assets.

Company's Liquidity

The ability of a company to meet its short-term financial obligations by quickly converting assets into cash without significant loss.

Gross Margin Ratio

A financial metric that measures a company's financial health by dividing its gross profit by net sales, indicating the percentage of sales revenue remaining after deducting the cost of goods sold.