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In: Economics

(3) Provide an operational definition of the concept of “cloud accounting” and develop (10) questions that...

(3) Provide an operational definition of the concept of “cloud accounting” and develop (10) questions that would measure cloud accounting by using Lickert scale.

(4) Identify the relevant p

Solutions

Expert Solution

Question 3
"Cloud accounting" is an accounting system for users that can be accessed through the usage of the internet. The key being your data and files that you want to view, won't be stored on a physical hard drive like normal accounting,say on a desktop; but cloud accounting ensures that all these data is stored online and can be accessible whenever a user wants to. This data is stored on a remote server , and the software model is known as Software-as-a-service(SaaS). Tha data is sent to a "cloud" for getting processed and then eventually returned to a user.
Likert Scale questionnaire :

Question Strongly Disagree Somewhat Disagree Neutral Somewhat Agree Highly agree
1. Would you want to shift to cloud based accounting ?
2. Is cloud relatively easier and technically more adept than generic accounting ?
3. Given a choice, would you want to continue choosing SaaS for accounting purposes ?[Retention]
4. Do you have relatively easier access of the internet for this type of service ?
5. Do you think cloud based services open up certain risks, including data privacy ?
6. Is internet speed a factor while you are having a cloud based accounting service ?
7. Are you worried you might lose your data while it is stored in remote servers ?
8. Is cloud accounting proving to be costlier than the normal service ?
9. Does cloud accounting save you a substantial amount of time ?
10. Do you think cloud accounting has improved the accounting process from previous times ?

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