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Anuta_ua [19.1K]
3 years ago
8

Many businesses today rely on ________ software for services like supply chain management.

Business
1 answer:
hram777 [196]3 years ago
5 0
Many businesses today rely on cloud-based software for services like supply chain management. The cloud-based software is software that relies on remote servers that process the logic. The software is accessed through a web browser with a continual internet connection. Some of the benefits of cloud based software are: c<span>ost effectiveness, redundancy, efficiency, scalability. </span>
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Checkable deposits are classified as money because:
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These deposits help in immediate access to cash. As these deposits are available easily , they are considered to be assets. .

Its an asset for the person who withdraws, as he can withdraw anytime without notice. It is a liability to the bank as the bank has to pay it, whenever the customer asks for it.

As these checkable deposits are easily available, they can be readily used in purchasing goods and paying debts.

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