True or False: Cloud Computing Can Potentially Generate Significant Cost

question 42

True/False

True or False: Cloud computing can potentially generate significant cost savings for an organization.

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Definitions:

Financial Decision Makers

Individuals or groups responsible for making investment, financing, and dividend decisions within a company.

Capital Budgeting

The process used by companies to evaluate and prioritize investments in long-term assets based on their potential to generate profit.

Cost of Capital

The rate of return a company must pay to its creditors and shareholders for the use of their capital.

Subjective Approaches

Methods or considerations based on personal opinions, interpretations, feelings, or judgments rather than objective facts or analysis.