Cloud computing is the model for enabling on-demand access to compete resources such as networking, analysis, storage and compute.
Instead of storing files on a proprietary hard drive or local storage device, cloud-based (computing) storage makes it possible to save them to a remote database. As long as an electronic device has access to the web, it definitely has access to the data and the software programs to run it.
Cloud computing has become so popular these days for many businesses and individuals because of these reasons;
Its highly secure, cost saving, increased productivity, increased speed, increased performance and efficiency.
There are also some disadvantages of cloud computing and they include ; When it comes to sensitive data, security may seem to be a threat to this type of storage in a way that if the encryption key gets lost, data also disappears.
For more information about cloud computing refer here;
brainly.com/question/28391660
#SPJ4
Answer:
$73,000
Explanation:
Equipment net book value (NBV) = $80,000 - $60,000 = $20,000
Loss on sale of equipment = NBV - Sales proceed = $20,000 - $17,000 = $3,000
Net operating cash flows for 2019 = Net income - Loss on sale of equipment = $76,000 - $3,000 = $73,000
Answer:
. If Wildhorse’s tax rate is 30%, what amount should it report as the cumulative effect of changing the estimated bad debt rate?
Answer is 0.
Explanation:
The answer is 0 because it has not impact in the accumulated value of the bad debts expenses.
The impact is in the current year of 2020 on the estimated value of $132,000 that will be reported as bad debt expenses but there is no impact in the accumulated value becasue it only has an impact in the current estimation.
Answer:
Option (A) is correct, adjusted trial balance is prepared before journalizing all transactions is not true.
Explanation:
Adjusting trial balance lists closing balance of all accounts after preparing adjusting entries. It is summary of all accounts to ensure that debit and credit sides of accounts match.
Adjusted trial balance help in preparing financial statements as all adjustments are taken into account. Ledger balances are posted in adjusted trial balance. So, all statements are correct except (A).
