Which refers to using the internet to access software

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Reference no: EM132728672

Problem 1: ________________ refers to using the internet to access software and information storage facilities provided by companies rather than, or in addition to, storing this data on the company's computer hard drive or in paper form.

Select one:

a. Cloud computing
b. Quickbooks
c. Periodic Inventory System

Problem 2: Costs incurred during the life of the asset are expensed right away if they do not extend the useful life of that asset or are capitalized if they extend the asset's useful life.

Select one:

a. True
b. False

Problem 3: A system is created when processes work together to generate information for the business.

Select one:

a. True
b. False

Problem 4: Audit trail is step-by-step trail of evidence documenting the history of a transaction from its inception and all the steps it went through until its completion.

Select one:

a. True
b. False

Reference no: EM132728672

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