What are the factors that have made cloud-based hosting advantageous?
What will be an ideal response?
Three factors have made cloud-based hosting advantageous today. First, processors, data communication, and data storage are so cheap that they are nearly free. At the scale of a Web farm of hundreds of thousands of processors, providing a virtual machine for an hour costs essentially nothing. Data communication is so cheap that getting the data to and from that processor is also nearly free. Second, virtualization technology enables the near instantaneous creation of a new virtual machine. The customer provides (or creates in the cloud) a disk image of the data and programs of the machine it wants to provision. Virtualization software does the rest. Finally, Internet-based standards enable cloud-hosting vendors to provide processing capabilities in flexible, yet standardized, ways.
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Journalize the following sales transactions for Outdoor Equipment using the periodic inventory system. Explanations are not required
July 1 Sold $4,200 of equipment on account, credit terms are 3/10, n/30, FOB destination July 5 Paid $90 on freight out. July 8 Negotiated a $240 allowance on the goods sold on July 1 July 11 Received payment from the customer for the full amount due on the July 1 sale. What will be an ideal response
What is Total Quality Management (TQM)?
A) a philosophy of supplying customers with superior products and services B) an exchange of information with suppliers and customers to create efficient and effective processes C) a software system that integrates a company's functions, departments, and data into a single system D) a system that speeds the transformation of raw materials into finished products