Define the cloud, and discuss its attributes.
What will be an ideal response?
The cloud is defined as the elastic leasing of pooled computer resources over the Internet. The term cloud is used because most early diagrams of three-tier and other Internet-based systems used a cloud symbol to represent the Internet, and organizations came to view their infrastructure as being "somewhere in the cloud."
The term elastic means that the computing resources leased can be increased or decreased dynamically, programmatically, in a short span of time and that organizations pay for just the resources that they use.
Cloud resources are pooled because many different organizations use the same physical hardware; they share that hardware through virtualization.
The cloud resources are accessed over the Internet, which refers to a set of standard ways of requesting and receiving services over the Internet.
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The most important element of an outsourcing agreement for both parties, but mostly for the client, is what professionals call the _____.
Fill in the blank(s) with the appropriate word(s).
The amount of unamortized discount at the end of an interest period is equal to the amount of the unamortized discount at the beginning of the period minus the amount of discount that was amortized during the period
Indicate whether the statement is true or false
On December 31, 2013, the Merchandise Inventories account of the Japanese electronics firm Flower Limited (Flower) had a balance of ¥408,700 million, based on Flower's financial reports for fiscal 2013 . Assume that during 2014, Flower purchased merchandise inventories on account for ¥1,456,400 million. On December 31, 2014, it finds that merchandise inventory on hand is ¥412,400 million
Select the correct journal entries to account for all changes in the Inventories during 2014 . (Flower applies Japanese accounting standards, and reports its results in millions of yen (¥). In answering this question, assume that Flower uses either U.S. GAAP or IFRS; for purposes of this problem, this choice will not matter.) a. Cost of Goods Sold ¥1,452,700 million Merchandise Inventories ¥1,452,700 million b. Merchandise Inventories ¥1,452,700 million Cost of Goods Sold ¥1,452,700 million c. Cost of Goods Sold ¥1,449,000 million Merchandise Inventories ¥1,449,000 million d. Merchandise Inventories ¥1,449,000 million Cost of Goods Sold ¥1,449,000 million e. none of the above
Which is NOT recommended when communicating with or about people with disabilities?
a. Refer to the disability first and the person second. b. Avoid words that are negative or judgmental, such as handicap, unfortunate, afflicted, and victim. c. When describing people without disabilities, use the word typical rather than normal. d. All are recommended.