An internal information system built using Web services is said to be using the cloud if it________

A) allocates specific servers to each task
B) offers elasticity in the usage of servers
C) uses the Intranet
D) provides platform as a service (PaaS)

B

Business

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The general ledger shows a balance of $66,400 in the Merchandise Inventory account at the end of the period. The physical inventory count shows inventory of $63,000. The adjusting entry includes a ________

A) debit to Cost of Goods Sold and a credit to Merchandise Inventory for $3,400 B) debit to Cost of Goods Sold and a credit to Cash for $3,400 C) debit to Merchandise Inventory and a credit to Cost of Goods Sold for $3,400 D) debit to Merchandise Inventory and a credit to Cash for $3,400

Business

Which of the following elements usually includes subcomponents to filter, translate, store, and correct data that flows through it?

A) component B) environment C) storage D) interface

Business