Which of the Following Statements Is TRUE of Web Services

question 42

Multiple Choice

Which of the following statements is TRUE of Web services?

• A) They are programs designed using the concept of service-oriented architecture.
• B) They are programs that comply with IEEE 802.3 protocol standard.
• C) They are programs that comply with Web service standards and can only run as an independent program.
• D) They are designed in such a way that they cannot be flexibly combined with other programs.

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Definitions:

Fair Value

An appraisal of the market value of an asset or liability, reflecting the price it could be sold for or the payment required to assume the liability, within a structured exchange involving market actors.

Nominal Amount

The face value of a bond or other financial instrument, as distinct from its market value or purchase price.

Underwrites

The process of assessing and assuming the risk of another party, often used in the context of insurance policies or issuing of securities.

Investment Firm

A company or financial institution that makes investments in securities, real estate, and other investment vehicles on behalf of its clients.