Which of These Technical Components Best Represents Why Cryptocurrency Is

question 144

Multiple Choice

Which of these technical components best represents why cryptocurrency is able to operate successfully?

• A) An immutable digital ledger that is validated and distributed across many peers
• B) Using API calls, cryptocurrency having a direct correlation to USD exchange rates
• C) High performance computing power allows cryptocurrency to be minted just as a central government might do with fiat currency
• D) Blockchain cryptocurrency transactions are always public which generates user trust and adoption

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Definitions:

Activity Cost Reduction

Initiatives or strategies aimed at lowering the costs associated with specific business activities or processes.

Activity-Based Costing

A costing method that allocates overhead and indirect costs to related products and services based on their usage of resources.

Lower-Cost Materials

This refers to choosing materials that are less expensive without significantly compromising on quality, often to reduce production costs.

Activity Rate

refers to the cost driver rate that is used in activity-based costing to allocate costs to products or services.