Which statement best describes cloud computing?a. Cloud computing involves long-term contracts.b. Cloud computing is location-independentcomputing.c. Cloud computing involves an organizationselling its IT resources to a vendor and leasingback IT services from the vendor.d. Cloud computing involves fixed pricecontracts.e. Cloud computing involves entering into multiplecontracts with several IP service providersto create a cloud of resources.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Which statement best describes cloud computing?
a. Cloud computing involves long-term contracts.
b. Cloud computing is location-independent
computing.
c. Cloud computing involves an organization
selling its IT resources to a vendor and leasing
back IT services from the vendor.
d. Cloud computing involves fixed price
contracts.
e. Cloud computing involves entering into multiple
contracts with several IP service providers
to create a cloud of resources.
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