Explain the relevance of cloud-based hosting today.
What will be an ideal response?
Three factors have made cloud-based hosting advantageous today. First, processors, data communication, and data storage are so cheap that they are nearly free. Because data communication is so cheap, getting the data to and from that processor is also nearly free.
Second, virtualization technology enables the near instantaneous creation of a new virtual machine. The customer provides (or creates in the cloud) a disk image of the data and programs of the machine it wants to provision. Virtualization software takes it from there. Finally, as stated, Internet-based standards enable cloud-hosting vendors to provide processing capabilities in flexible yet standardized ways.
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Describe inter-enterprise information systems.
What will be an ideal response?
A check of $300,000, deposited by a company, was returned to the bank for nonsufficient funds. How would this information be included on the bank reconciliation?
A) a deduction on the bank side B) an addition on the bank side C) an addition on the book side D) a deduction on the book side
Linear programming finds the solution that creates the highest profit while satisfying the constraints that a company faces
Indicate whether the statement is true or false.
For the sake of simplicity and by convention, price elasticity figures are shown as ________.
A. English consonants (P, Q, TR, etc.) B. negative numbers (-0.64, -1.25, etc.) C. Greek letters (?, ?, etc.) D. Roman numerals (I, V, X, etc.) E. positive numbers (0.64, 1.25, etc.)