The Term ____ Describes Products That Are Commercially Available and Can

question 39

Multiple Choice

The term ____ describes products that are commercially available and can be purchased and integrated with little or no customization.

• A) TCSEC
• B) MLS
• C) OTC
• D) COTS

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Definitions:

Compound Annual

A rate that calculates and expresses the cumulative effect of a series of gains or losses on an original amount of capital over a period of time, usually on an annual basis.

Real Rate of Return

The annual percentage return realized on an investment, which is adjusted for changes in prices due to inflation or other external effects.

Portfolio

A portfolio represents a collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including mutual funds and ETFs.

Promissory Note

A financial instrument that contains a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.