Examples of Business Continuity Include All of the Following Except

question 26

Multiple Choice

Examples of Business Continuity include all of the following except:

• A)Disaster Recovery Plan
• B)Backup Data
• C)Environmental Backup Recovery Plan
• D)Offsite Backup

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Definitions:

Exercised

Refers to the act of implementing the rights granted by a financial contract, commonly in options trading where a buyer may execute the option.

Hedge Ratios

Financial ratios used to calculate the optimal amount of exposure needed to hedge (protect against risk) a position or portfolio.

Long Calls

An option strategy involving the purchase of call options, giving the buyer the right, but not the obligation, to purchase a security at a specified price within a certain time frame.

Delta

In finance, a measure of the sensitivity of an option's price to a change in the price of the underlying asset, indicating how much the price of the option is expected to move based on a $1 change in the underlying asset.