Certified Secure Software Lifecycle Professional Practice Exam 2025 - Free Practice Questions and Study Guide

Cloud computing accounting software is primarily defined as accounting software that is hosted on remote servers. This model allows users to access the software and their financial data via the Internet, which provides flexibility and scalability. By being hosted in the cloud, this type of software can be accessed from various devices and locations, offering businesses greater accessibility and the ability to collaborate more effectively.

Additionally, because it is maintained on remote servers, users do not need to worry about local installation, updates, or on-premises hardware, making it easier to manage and reducing the costs associated with traditional software setups. This approach also enables real-time data access and processing, which is crucial for timely financial reporting and decision-making.

In contrast, the other options describe software or systems that lack the core characteristics of cloud computing. Local installation, on-site data storage, and standalone functionality without Internet connectivity do not align with the collaborative, accessible, and scalable nature of cloud-based applications.