What Is Dynamic Scaling

question 87

Multiple Choice

What is dynamic scaling?

• A) The ability for the system to cut back on expenses when needed
• B) The infrastructure that is fixed and there are no surprises
• C) The MIS infrastructure can be automatically scaled up or down based on needed requirements
• D) The flexibility to charge more or less depending on the market

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Definitions:

Historical Rate

An exchange rate used to convert amounts related to transactions in foreign currencies based on the rate in effect at the time of the original transaction.

Closing Rate

Closing Rate refers to the exchange rate between two currencies at the end of a trading period, used in accounting to convert the financial statements of foreign subsidiaries.

Spot Rate

The current market price at which a particular currency can be bought or sold for immediate delivery.

Forward Rate

The agreed-upon exchange rate for a currency transaction that will occur at a future date, used as a hedging instrument against currency fluctuations.