AIS160 Chapter 6: Cloud Computing in Accounting & FinTech

What is cloud computing?

• A delivery of computing services

• A linked connection of computers

• A linked connection of computers

• A process of scheduling computer programs

What are the types of cloud services?

• Public, private and hybrid clouds

• Personal area (PAN), Local area (LAN), Campus area networks (CAN)

• Mail server, collaboration server, web server, application server

• Infrastructure as a service (IaaS), platform as a service (PaaS), software as a service (SaaS).

What are the uses of cloud computing?

• Input, present and compare collected data

• Collecting appropriate quantitative data, helps in drawing valid inferences

• Estimate income data, indicate success or failure of planning

• Create new apps and services, analyze data, embed intelligence, test and build applications

Cloud technology has improved educational scenery except....

• creation of virtual classroom

• increase learning time

• lower cost

• Better access to education and training

All of these are types of cloud services except

• Hybrid cloud

• Public cloud

• Private cloud

• Segregated cloud

What are security aspects provided by cloud services?

• Zero infrastructure investment, just-in-time infrastructure

• Quick and easy setup, smooth organization system, single management environment

• Calculable cloud architecture, provide manageable workload dynamics

• Access control, identity management, authentication and authorization

These are the benefits of cloud computing in education system except

• shareable and traceable data

• Inflexibility in customizing products

• Easy access from anywhere

• stable technology for everyday use

Real time data processing in a cloud function does not help in..........

• Video and image analysis

• Stream processing

• File processing

• Event driven extract, transform and load function

What is the drawback of cloud computing in education system?

• The absence of hardware

• The need for high speed internet access

• The management of data and products

• The wide connection of networks

What are the risks of cloud computing?

• No troubleshooting issues

• No government intrusion

• Storing data without control

• Full control over the data