A Small Bank with Several Regional Branches Is Searching for a Solution

question 61

Multiple Choice

A small bank with several regional branches is searching for a solution to consolidate its business services into a single site with centralized management. The service should provide secure resources for use by the bank, and these resources must be isolated from any other organization using the same service provider.
Which of the following will best meet the needs of the bank?

• A) Hybrid cloud
• B) Private cloud
• C) Community cloud
• D) Public cloud

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Definitions:

Reportable Operating Segments

Distinct parts of a business that are analyzed separately by the management, for the purpose of making decisions and assessing performance.

Financial Statements

Financial statements are official records that outline the financial activities and condition of a business, entity, or individual, including the balance sheet, income statement, and statement of cash flows.

External Customers

Individuals or entities that purchase goods or services from a business but are not part of the same organization.

Revenue Test

A criterion used to determine whether a particular amount of revenue can be recognized in a company's financial statements.