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NEW QUESTION: 1
What does "modified following business day convention" mean?
A. a convention whereby a transaction is dated the following business day, unless that day extends into the next month, in which case it is dated the preceding business day
B. a convention whereby a transaction is dated the following business day
C. a convention whereby a transaction is dated the preceding business day
D. a convention whereby a transaction is dated the next business day that corresponds to the same numerical day of the month as the preceding payment
Answer: A

NEW QUESTION: 2
Which one of the following includes four stages called Plan, Do, Check and Act?
A. The continual service improvement approach
B. The seven-step improvement process
C. The service lifecycle
D. The Deming Cycle
Answer: D

NEW QUESTION: 3
A graphic design company regularly runs out of storage space on its file servers due to the large size of its
customer artwork files. The company is considering migrating to cloud computing to solve this problem.
Which of the following characteristics of cloud computing is the MOST beneficial reason the company
should implement a cloud solution?
A. Scalability
B. Security
C. Hardware independence
D. Variable costs
Answer: A