What are the essential characteristics of cloud computing?
What will be an ideal response?
The U.S. National Institute of Standards and Technology (NIST) defines cloud computing as having the following essential characteristics: on-demand self-service (consumers can obtain computing capabilities such as server time or network storage as needed automatically on their own); ubiquitous network access (cloud resources can be accessed using standard network and Internet devices, including mobile platforms; Location-independent resource pooling): the pooling of computing resources to serve multiple users, with different virtual resources dynamically assigned according to user demand; rapid elasticity (computing resources can be rapidly provisioned, increased, or decreased to meet changing user demand); and measured service (charges for cloud resources are based on the amount of resources actually used).
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Which of the following statements is true concerning assets?
a. Assets represent future economic sacrifices. b. Assets are expired costs. c. Assets become expenses at the time they are paid in cash. d. Assets become expenses when their economic benefits expire.
The law relating to affirmative action applies only to about 20 percent of the workforce who are subject to Executive Order 11246, which requires affirmative action efforts to ensure equal opportunity. Which of the following is required by courts in order to remedy a finding of past discrimination when Executive Order 11246 is not applicable?
A. Judicial affirmative action B. Executive affirmation action C. Voluntary affirmative action D. Quasi-affirmative action
In the case of necessaries, the intoxicated individual is not allowed to disaffirm, but is held liable for the reasonable value of such items
Indicate whether the statement is true or false
The FIFO method of computing equivalent units focuses on production activity in the current period only.
Answer the following statement true (T) or false (F)