COGNITIVE ASSESSMENT What Is RAID

question 175

Multiple Choice

COGNITIVE ASSESSMENT What is RAID?

• A) a multisystem integrated database
• B) a group of two or more integrated hard disks
• C) an identification system that uses radio waves
• D) a technique for storing data virtually

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Definitions:

Unearned Liability

An obligation that arises when a business receives payment for goods or services that have not yet been delivered or performed, also known as deferred revenue.

Bonds Payable

A financial accounting term for the outstanding debt a company owes to bondholders, to be paid at a future date.

Warrants

Long-term options issued by a company that grant the holder the right to purchase company shares at a specific price before a specified date.

Ex Rights

A status of a stock that signifies it is trading without the rights to a recent issue or dividend declared, affecting its immediate value.