Forward Recovery Is Faster Than Restore/rerun Because

question 139

Multiple Choice

Forward recovery is faster than restore/rerun because:

• A) transactions do not have to be repeated.
• B) security can be avoided.
• C) images are mirrored.
• D) systems are more complete.

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Definitions:

Owned Subsidiary

A company whose majority shares or all are held by another company, making it a controlled entity within a larger corporate structure.

Foreign Subsidiaries

Companies that are owned or controlled by a parent company but are located in a different country.

Current Rate Method

A method of foreign currency translation where all financial statement line items are translated at the current exchange rate in effect at the reporting date.

GAAP

Generally Accepted Accounting Principles, a standardized set of accounting rules, standards, and procedures used in the accounting industry primarily in the United States.