Which of the Following Is True of Data-As-A-Service (DaaS) Platforms

question 8

Multiple Choice

Which of the following is true of data-as-a-Service (DaaS) platforms?

• A) Knowing where the data resides is critical to the functioning of the platform.
• B) There are standardized processes for accessing data wherever it is located.
• C) Business processes can access local data only.
• D) Data quality happens on each individual platform.

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Definitions:

Investment Classifications

The categorization of investment assets based on their characteristics, risks, and potential returns, such as stocks, bonds, and real estate.

Gain or Loss

Gain or loss refers to the financial result from the sale of a capital asset, where a gain occurs if the sale price exceeds the purchase cost, and a loss occurs if the sale price is below the purchase cost.

Sales Price

The amount of money that a buyer pays to purchase a product or service.

Net Proceeds

Net Proceeds refer to the amount of money received from a sale or transaction after all fees, expenses, and costs have been deducted.