Vendors Often Establish A(n)____ Point for Equipment, Beyond Which They

question 10

Multiple Choice

Vendors often establish a(n) ____ point for equipment, beyond which they cease to provide hardware upgrades or software enhancements.

• A)cutoff
• B)conversion
• C)end-of-life (EOL)
• D)termination

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Definitions:

Pegged Exchange Rate

A currency system where a country's currency value is fixed or linked to another currency or a basket of currencies.

Fixed Exchange-rate System

A currency system where the value of a country's currency is pegged to another currency, a basket of currencies, or a commodity like gold.

Central Bank

An institution that manages a country’s currency, money supply, and interest rates, often overseeing the commercial banking system of their country or monetary union.