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;
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Answer:
A closed shop refers to business which employs union workers alone, whereas in case of a lockout, such a business does not permit employment of union workers.
Lockout serves as a mean to curb labor union demands. In lockouts, the owners of such businesses lock out or block the entry/employment of union workers.
In case of a closed shop, all the employees represent members of labor union. The two concepts represent exactly opposite scenarios.
Answer:
Production budget 17,900
Explanation:
First, we will calculate the units requirement, that will be the sales for the quarter and the desired ending inventory:
sales of Q1 15,000
desired ending 20% of Q2 sales
20% x 35,000 = 7,000
Total requirement 22,000
Next we subtract the beginning inventory, because those units are already produced, so it decrease our production needs
Total requirement 22,000
beginning inventory (4,100)
Production budget 17,900
Answer:
(A)
cash 85,000
unearned revenues 85,000
(B)
unearned revenues 40,000
subscroption revenues 40,000
Explanation:
(A)
Unearned revenues are a liability. It increases from the credit, so in this entry, we increased cash by the amount received and also increase unearned revenue for 85,000
WHY ARE LIABILITIES?
The payment made by customer in-advance generates an obligation to the NYT. The journal is forced to deliver their newspaper to these people, it has an obligation, which is certain and quantifiable in dollars, that fits in the definition of liabilities.
(B)
HOW UNEARNED BECOME EARNED?
Once time past AKA newspapers are delivered, the obligation decrease and part of the annual subscription become revenues
