You Do Not Want to Store Your Data Locally on Your

question 68

Multiple Choice

You do not want to store your data locally on your hard disk. You would rather store it using an Internet service. What is this kind of storage known as?

• A)distributed storage
• B)cloud storage
• C)integrated storage
• D)VoIP

---

Definitions:

Purchase of Land

The acquisition of land as a fixed asset, recorded at its purchase cost plus any related expenses necessary for its intended use.

Sale of Land

The act of transferring ownership of a parcel of land from one party to another, typically involving a financial transaction.

Land Account

An account in the ledger that records the costs and values related to ownership of land.

Future Bond Issue

A planned issuance of bonds by a corporation or government in the future to raise capital.