What Is the Practice of Hiding the Details of a Module

question 15

Multiple Choice

What is the practice of hiding the details of a module with the goal of controlling access to the details of the module?

• A) Information hiding
• B) Abstraction
• C) Data abstraction
• D) Procedural abstraction
• E) Control abstraction

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Definitions:

Commercial Bank Reserves

Funds that commercial banks are required to hold in reserve against deposits, either as cash in their vaults or as deposits with the central bank.

Reserve Ratio

The portion of depositors' balances that banks must have on hand as cash, as required by central banking regulations.

Discount Rate

The interest rate charged to commercial banks and other financial institutions for the loans they take from the central bank or Federal Reserve.

Depository Institutions Deregulation

This involves removing or loosening government restrictions on banks and other financial institutions to allow for greater efficiency and competition.