What Is the Visibility or Accessibility Level of the Preference

question 73

Multiple Choice

What is the visibility or accessibility level of the preference file created by application?

• A) By default it is private to the application that created it.
• B) By default it is available for all applications on the same device.
• C) It can be shared with other applications on same device
• D) Both "By default it is private to the application that created it" and "It can be shared with other applications on same device" are correct.

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Definitions:

Collateral

Collateral refers to properties or assets that a borrower offers to a lender as security for a loan, which can be confiscated if the borrower fails to repay.

Debtor's Default

A situation where a debtor fails to meet the legal obligations of a loan, such as not making scheduled payments.

Debtor's Estate

The total assets available to a debtor that can be used to settle debts in bankruptcy or insolvency proceedings.

Trustee

A person who operates a trust for beneficiaries in a business trust. In bankruptcy proceedings, an individual who takes over administration of a debtor’s estate.