Which of the Following Is Likely to Be a Consequence

question 25

Multiple Choice

Which of the following is likely to be a consequence of cloud computing in the future?

• A) The preference to set up one's own computing infrastructure will increase among organizations.
• B) The cost of obtaining elastic resources will decrease.
• C) The demand for employees who know how to use and manage information systems will reduce.
• D) The number of technology-based startups will stagnate.

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Definitions:

Compounded Quarterly

The process where interest is added to the principal sum of a deposit or loan every three months, leading to interest earnings on interest.

RRSP

RRSP stands for Registered Retirement Savings Plan, which is a savings plan sponsored by the Canadian government that allows individuals to save for retirement on a tax-deferred basis.

RRIF

A Registered Retirement Income Fund, a tax-deferred retirement plan in Canada designed to provide income to beneficiaries.

Nominal Rate

The stated interest rate of a financial instrument or loan, not accounting for compounding or inflation.