A ________ is a cloud that is owned and operated by an organization for its own benefit.

A. private cloud
B. service as a cloud
C. IPX/SPX
D. wide area network
E. virtual private network


Answer: A

Business

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There is much consistency among state and national laws for the use of criminal records in hiring.

Answer the following statement true (T) or false (F)

Business

Downloading music into a computer's random access memory, or RAM, is not copyright infringement, even if it is done without authorization

Indicate whether the statement is true or false

Business

In the context of creating and maintaining an ethical organization,Robert Lane, former CEO of Deere, a highly performing, highly ethical corporation, declares that to establish an ethical culture, _____.

A. ethical words must be backed up with documented practices, processes, and procedures, all understood around the globe B. top-level managers must always perform legal actions, even if they are unethical C. employees should be allowed to choose the kind of moral and ethical principles that they wish to follow D. the code of ethics should not apply to outside parties such as suppliers, distributors, and customers of the organization

Business

Spice Company issued $200,000 of 10 percent first mortgage bonds on January 1, 20X4, at 105. The bonds mature in 10 years and pay interest semiannually on January 1 and July 1. Pumpkin Corporation purchased $140,000 of Spice's bonds from the original purchaser on December 31, 20X8, for $125,000. Pumpkin owns 75 percent of Spice's voting common stock. Spice's partial bond amortization schedule is as follows:PMT #   Interest$ PMTInterestExpenseAmort ofDiscount(Premium)Premium(Discount)BondsPayableCV

ofBonds  1/1/20X4           10,000.00  200,000.00  210,000.00 1 7/1/20X4  10,000.00  9,684.96  (315.04) 9,684.96  200,000.00  209,684.96 2 1/1/20X5  10,000.00  9,670.43  (329.57) 9,355.38  200,000.00  209,355.38 3 7/1/20X5  10,000.00  9,655.23  (344.77) 9,010.61  200,000.00  209,010.61 4 1/1/20X6  10,000.00  9,639.33  (360.67) 8,649.94  200,000.00  208,649.94 5 7/1/20X6  10,000.00  9,622.69  (377.31) 8,272.63  200,000.00  208,272.63 6 1/1/20X7  10,000.00  9,605.29  (394.71) 7,877.92  200,000.00  207,877.92 7 7/1/20X7  10,000.00  9,587.09  (412.91) 7,465.01  200,000.00  207,465.01 8 1/1/20X8  10,000.00  9,568.04  (431.96) 7,033.05  200,000.00  207,033.05 9 7/1/20X8  10,000.00  9,548.12  (451.88) 6,581.18  200,000.00  206,581.18 10 1/1/20X9  10,000.00  9,527.28  (472.72) 6,108.46  200,000.00  206,108.46 11 7/1/20X9  10,000.00  9,505.48  (494.52) 5,613.94  200,000.00  205,613.94 12 1/1/20X0  10,000.00  9,482.68  (517.32) 5,096.62  200,000.00  205,096.62 Based on the information given above, what amount of premium on bonds payable will be eliminated in the preparation of the December 31, 20X8 consolidated financial statements? A. $6,581 B. $4,276 C. $4,607 D. $6,108

Business