Which of the following terms is most likely to refer to a situation in which an application is not saved on your computer but is hosted by the software company and is available on the Internet, often for a monthly fee?

A major criticism of the payback method is that it focuses only on the time to recover the investment and ignores profitability

Indicate whether the statement is true or false

Which of the following securities is exempt from registration under the Securities Act of 1933?

A. A class of stock given in exchange for another class by the issuer to its existing shareholders without the issuer's payment of a commission. B. Limited partnership interests sold for the purpose of acquiring funds to invest in bonds issued by the United States. C. Corporate debentures that were previously subject to an effective registration statement, provided they are convertible into shares of common stock. D. Shares of nonvoting common stock, provided their par value is less than $1.00.